Tuesday, November 20, 2012

AUD / JPY Update: Tuesday 20th November 2012 04:44hrs

AUD / JPY

There has been another high put in and price has been to within 19 pips of the target.

Currently price has pulled back a little to 84.56

This is 4% in profit at market.

I can not move the stop any higher at this point and I am happy to hold for the position to develop.

I will be stopped for a profit of 3% or Limited out for 5%.

Happy to Hold!!

Chart below

 


I will update again when the next strategy trade has been identified.

Regards

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