AUDJPY - Short-term sells

٣١ يوليو ٢٠٢٣

Hi Everyone,
similar idea to the USDJPY, the market is coming back to retest an order block that pushed the market down with high volume. I expect this to bounce off of that level again and I'll be placing a 1:1 Risk to Reward ratio on this pair.

١ أغسطس ٢٠٢٣

تم فتح الصفقة

It has nearly stopped us out but we're now running in profit.
This is a good example for a well positioned Stop Loss - Always slightly ABOVE previous swing high/low. This way, you are safe and can let your trade run and it will only stop you out if the market breaks that level, which then invalidates your idea.

٢ أغسطس ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

After nearly hitting our stop loss, this trade has closed in profit and hit our targets!