AUDJPY

In yesterday’s commentary I mentioned that I would be looking at the comm dollars (ie the Aussie, CAD or Kiwi) against the Japanese Yen today for a possible trade & at 8.30 this morning was spoilt for choice which was unusual for a Monday morning.  In the end I opted for an aggressive long entry on the audjpy 5 min chart at 73.80 before exiting a couple of hours later at 74.71 for a total of 91 pips.  I doubt whether I will be trading the remainder of the day – not least because I’ve other commitments but will post up & twitter anything I see in this afternoon’s US session.

As always good luck with whatever you are trading and don’t forget your stop loss.

 

About Anna 1036 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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