Tuesday, April 23, 2013

AUD / JPY UPDATE: 23/04/13. 19:35HRS

AUD / JPY.

Price has retraced as expected.

However price has also been very jumpy.

I am short from 101.50 with 0.5% risk

I removed the second order as price looked very bid at the time of entry.

Price has spiked down from the entry by 70 pips and is now back up again.

I have not been able to move the stop loss to break even just yet, but I will do as soon as it is possible.

Chart below:


I will update again first thing tomorrow morning.

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