Institutional Demand: AUD/JPY Long
Hi mate,
One of the AUD pairs on my watch list for the upcoming 48hours is AUD/JPY long from weekly and daily demand. When price finally reaches our value area, I'll wait for the standard 4hour entries to develop and take (if valid) our fixed risk to reward of 1:3 as explained in the previous recap.
Our trading style is extremely mechanical, so might be a bit boring. Yet better be boring and profitable than excited and poor.
More things will be shared here soon!
Kind regards,
MNieveld
One of the AUD pairs on my watch list for the upcoming 48hours is AUD/JPY long from weekly and daily demand. When price finally reaches our value area, I'll wait for the standard 4hour entries to develop and take (if valid) our fixed risk to reward of 1:3 as explained in the previous recap.
Our trading style is extremely mechanical, so might be a bit boring. Yet better be boring and profitable than excited and poor.
More things will be shared here soon!
Kind regards,
MNieveld
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