We are shorting on AUDjpy in the Forex Mechanic lock in 15 pips. Workshop this morning. And we are waiting for USDjpy to break 109.408 befor we go long .Once it breaks that level with full body candle, we wait for pull back before we drive in. Although we have been in this trade since the Japanese market opened and we are going out because of that Resistance Level. See the evidence below.
We woke up this morning to see that our profit level has been hit on NZDjpy. If you are a regular visitor to this Forex blog we have told you we don't go out of trade when we have confirmation that our judgement is right. By so doing we have maintained consistent profit. See our trades yesterday
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