Aud/Jpy
The Australian dollar Japanese yen are getting closer to 8521. Once there, It may be a coin flip. The world economy will head the same direction. The support it just bounced from, tells a story. It was just a test. I cant say a retest will hold it. The A/J contains the equity markets represented in the J-Yen, And earth commodities represented in the A-dollar. When it falls, market and commodity prices tend to fall. When it crashes, so does economies. All looks well, but note pa did test support.
Some Resistance may be coming shortly 84.58 or 85021. Atm Aj at 84.30 and the high 84.46. It may mean nothing or everything in months/years to come.
I was in Aud/Jpy a couple of times last week,I made most green pips comparing to other pairs.. thanks Gator. Now this becomes one of my 6 trading lists..
Hi Boulder...I can't promote any posts.....Steemit says I have no money...lol
BTW....I have DXY targeting 88.80 -- currently at 89.66...
I have AUDJPY norm at 86.71 and UM at 87.00...
for DXY, we are in 88.30-90.50 range for last 8 weeks, mostly stay around 89-90.3, we might go to test 88.80 the daily uptrend stop..
regarding to AJ, since UJ is coming down, AJ may follow..
Yeah...It is a short term NORM....and 150 bear projection....
I just got Aud/Jpy EA short triggered at 83.86 at 3pm est...just let you know.
when it got around 84.58 I wanted to give a heads up. I figured up 300, may not be worth risking for 60 more.
Hope you unload some at 84.50? if not, since my EA2 auto closed all my shorts around 83.50s area , it may have some good reasons for not staying short, hope it will bounce up again for your longs...
I will email you a chart to show how my EA2 did since I started AJ with you...
Looking forward to it, thanks.
I did yesterday,,,
I replied.
EA automatically closed out the short +31 pips with strong exit scope after an hour run..., it didn't last long..
This AJ really runs.. EA was long again at 83.91..,, now 84.20 atm
Gator, do you trade EurAud?.. it looks good to trade.. I will add that to my trading list....
I once traded anything that moved. EA was a good one. It just took too much time to keep up with 10 pairs. I wasn't sleeping much during the week. Eventually if caught up with me. I was falling asleep with my finger on the button. Missed exits on trades. It cost me..
wow,, your history with 10 pairs...
I replaced Gbp/Usd with Eur/Aud..still 6 pairs.. (EU, AU, NU, AJ , UJ and EA) try to stay away all just dollar pairs....
When the Aj dips like it did when Iposted crossroads post. People should be nervous. It is/was at support. It should bounce, there. But testing support is a crossroads that can go either way. Major implications for the future economy are there. You long those, but do not let those turn red.
ea long 83.91 exit scope closed out at 84.09 , it lasted 2 hours, all done while I was asleep...the indicator is still long though...max 37 pips gain for 11 hours run so far, it has not changed into sale signal yet..I am waiting for the short to trigger,,,
I would fell better after 8521, but it may never reach it.
that was long ago..
yea, last night,while I was sleep, my EA didn't nudge me, all done on its own.... ..LoL