Entry Order Level |
---|
75.342 |
Stop Loss Level |
75.21 |
Target Level |
76.04 |
Throughout the week, I was bullish on AUD and bearish on JPY. I, ideally, wanted JPY to push through support, but either way, I was still bearish. Overnight, and early in the morning, AUD/JPY made a large up-move, and then started to pull back. I put an entry order above the high of the bull run
Entry
Right around 9, my entry order was triggered at 75.342

Exit – 75.394
Price quickly hit 1R, so I moved my stop to break even. I knew the large move had been made, so I trailed using the SAR on the 15 min. chart. Price pulled back a bit and based before eventually hitting my stop at 75.4 for a small profit!
