AUDJPY long trade on 15/9/22 based on momentum trade.
Pre-Analysis:-
- AUD was the strongest currency across the board. All AUD pairs broke NY session.
Entry:-
Post Analysis:-
- Trade ended with loss, but I able to scratch it before it hit stop.
- This trade did not back-up by anticipation trade nor any important news release.
- The only things was a correlation in term of AUD broke the New York session.
- Decision made to exit:-
- Price broke below my stop. Good that I scratch this trade.
- This trade also can be avoided. My entry still in a mess.
- Below was all of AUD pairs during entry, notice the other pairs did not have similar characteristic with AUDJPY. GBPAUD was off, it went up rather showing to go down.
- Try to get an entry with all or majority pairs have similar character.
