As you know we have been long the AUD/JPY for about 1 month now. You can read all of our post so far on this trade at the following links (Forex Investing – AUD/JPY Trend Change – Go Long) (Forex Investments – AUD/JPY Update) (Managed Forex Account – AUD/JPY Update).
The trade has gone very well [...]
This week has given us some big changes in the 1% point and figure charts. This chart is considered longer term so any changes in the trend is a big deal. It looks like the Japanese Yen (JPY) is getting weak and that is where we see many of the new trend changes. It also [...]
The AUD/JPY trade we entered 3 weeks ago that you can see on the blog posts (Forex Investing – AUD/JPY Trend Change – Go Long) and (Forex Investments – AUD/JPY Update) has done very well so far. We entered the trade at 62.15 on a pull back to the trend line and have now seen [...]
As mentioned in the previous post (Forex Investing – AUD/JPY Trend Change – Go Long) I was looking for a pull back so that I could go long this pair. It certainly did not take long for that to happen as the pair made a quick pull back before having a very fast bounce back [...]
