Aud/jpy

[zekelogan]

Forgot to mention, when stop was raised yesterday, target was lowered as well, to 78.25

We'll see!

[Jason Rogers]

Forgot to mention, when stop was raised yesterday, target was lowered as well, to 78.25

We'll see!

My stop is at 75.20 at the moment.

[zekelogan]

My stop is at 75.20 at the moment.

Looks good.

[zekelogan]

closed @ 77.38 in case there's profit taking before the weekend.

Happy trading

[Jason Rogers]

I've decided on a target for the trade 79.95. Going for the previous highs made back in mid-June. Stop at break-even 76.08

[zekelogan]

beautiful. wish I went more long term, although, profit is profit ;-)

Cheers!

[Jason Rogers]

beautiful. wish I went more long term, although, profit is profit ;-)

Cheers!

That's right! Just have to wait for the next setup.

[zekelogan]

watch yer noggin' on the ceiling though, that's where i got out the other day ( on your pic )

[Jason Rogers]

watch yer noggin' on the ceiling though, that's where i got out the other day ( on your pic )

A very reasonable spot to get out at.

But I have the RBA on my side so it seems. Came within 66 pips of the limit last night. I'll watch the daily candle that's forming today. If it closed right now, I would probably get out. Will wait for 5pm to decide.

DailyFX wrote a short blurb at the bottom of their article on what Governor Stevens said last night about interest rates Australian Dollar Surges as RBA Chief Talks Up Economy, Hints at Rate Hikes (Euro Open) . This is why I think AUD/JPY is a great long term trade regardless.

[Jason Rogers]

AUD/JPY crashing down. Not going to wait to see how this thing develops. Closed both positions at 77.59. Your call on resistance was correct zekelogan