15 Jun 2023

14 June 2023: AUDJPY

 AUDJPY long trade on 14/6/23

- Trend alignment to the upside appeared on daily, 4 hour and 1 hour timeframe. Opportunity for a long trade.


- Entry time 3:06pm
- Risk 0.25%



Post Analysis

- Trade closed with profit
- Profit 0.94R
- Stop should be tighten a little bit to ensure greater risk to reward.
- Decision to take profit was right but unable to grab max profit.
- Other pair seem to be better than AUDJPY was NZDJPY long trade.


- AUDJPY continue to rise higher after trade was closed.


- NZDJPY long trade with smooth up move compared to AUDJPY.