First success on AUDJPY - June 2

Hi guys, newbie here wanting to share my experience and hope to get some feedback from everyone.

I entered at 73.275 after it tested support a third time and hit a key fib retracement level. The trade has been open since the afternoon.

Strong trend on the 4h/daily charts and I entered using the 5min chart. Made some adjustments to trailing stops and stop loss to reflect the uptrend and lock in some profits. I think the general trend is bullish so I just left it open. Is it a wise thing to do? This is a demo account btw.

Please let me know your thoughts!

https://www.tradingview.com/x/COz2QX1G

Yay! Feels good to have a winning trade!

I don’t trade the pair so I can’t really comment on whether or not you should have left the trade open. But since you’ve had the opportunity to lock in some profit you’re in a good spot.

17 green candles in a row on the H4 and +450 pips in 5 days… I’d say you can keep it open and continue with your trailing stop :laughing: