Wednesday, December 5, 2012

AUDJPY Short Trade AUDJPY Short Trade
I am watching this setup from past few sessions. Details [here].

Price is constantly bouncing from trendline but it is failing to make new highs. This could be a sign of some retracement.

I went short at current market price at 86.16 with stop on break and close above the previous highs of 86.43.

I might add new shorts positions at that level. 

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