Thursday, 20 September 2018

AUDjpy Going Far North

Hi Everyone ,

Sorry we were doing some repairs in the Forex Mechanic Workshop so we retired a little bit.
Today we are going North on Audjpy and we are already in it .

Entry                                   82.045
First Profit Level                82.123
Second Profit Level            82.657

GBPusd  hit the profit level yesterday . We placed the trade on 19th but the profit level was not hit until early 20th.
when we say 10 pips, it does not mean the profit must be taken on the same day we placed the trade. especially if its a slow moving pair like EURaud.

You can go back to our last message to confirm.
We have cut our loss on AUDjpy and we have decided to reenter to the North
See the chart below



In the chart above you will see that some trades were placed on the 6th and the profit was not taken until early  yesterday that is Forex for you. Until get out of a trade you can not be on a loss trade.
Anyway 

See You Later

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