Currency Trade (16-11-12) – AUDJPY

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  • Currency Trade (16-11-12) – AUDJPY

On 16th Nov 2012, we received a 5 timeframe buy opportunity for the currency AUDJPY.

Below is the email alert received:

 

 

 

 

 

 

 

 

Below is the chart for this opportunity on the H4. The initial entry level is 84.34, with initial stop at 82.90 and a preserve mode at 86.41. If we reach our preserve mode target, it will be 139% profits. We took this breakout knowing it has limited protifs and exit our trade at 85.67.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you would like to learn how to use our ichimoku multi timeframe heatmap signal, go to www.ichimokutrade.com

EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.