AUDJPY And Your New Longs..

20 ביוני 2023

Hey Traders,

So I did a video about AUDJPY short recently on my profile.

It is now falling to early support for light longs.

Remember, you still have a way to go through LZ1. That's because markets test support in order most of the time and will not always blow through.

That is what makes day trading work.

You cannot simply place one trade at early support and ignore all TFS. Trading works as one system through all timeframes combined for the bigger picture. If you ignore this, your trade size and entries will be vastly disproportionate to reality.

Take note of LZ1 and LZ2 and Trade lightly. 23% FIB is far too early for larger sizes.

20 ביוני 2023

הערה

Approaching light long entries.

20 ביוני 2023

הערה

Longs taken.

11 ביולי 2023

הערה

Looking long further.