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Anthony Bradley's Trading Journal
Anthony Bradley's Trading Journal

Stock, Options, and Forex Analysis and Journal

November 14, 2019January 20, 2023

Win | Forex | AUD/JPY | Short

Entry Order Level
73.538
Stop Loss Level
73.671
Target Level
73.056

AUD had a fairly large drop today, and in it’s basket, it looked like there was potential for it to drop more. JPY was ranging, but today it pushed above the high of the range and made a new swing high. I’m not sure how much further up it can go, but I think that’s the direction it’ll continue at least for today.

Entry

About 30 min. after setting the entry order, it was triggered.

Exit – 73.498

Price reached 1R pretty quickly after triggering my entry point, so I was able to move my stop/loss to break even. It also reversed fairly quickly, so I started following the SAR on the 15min. chart to lock in some pips. A few mintues later it hit the stop loss, but it was in profit so that’s good!

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