15 May 2025

12 May 2025: AUDJPY

 AUDJPY long trade on 12/5/25



Entry:

- Entry time 5:52pm 


- Immediate strength meter 


Post Analysis:

- Scratch trade. Should not be a trade.
- Higher timeframe shows in downtrend.
- Should not consider long.
- Only trade long for a counter trend setup with entry during opening London session (break of Asia session), this also should take profit immediately not to hold.


- Below shows the AUDJPY on higher timeframe.


- Below how I should trade this long.


- Update (17/5/25): 2 days later on 14/5/25 there was a short trade opportunity occurred. This follow higher timeframe trend which is down.


- The trade setup during London session and entry should be around 4:00pm time.