Bonavest

Going UP on a Friday

Long
Bonavest Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
7
Looks to be a great setup for a nice LONG that will allow me to set it and forget it while working my Full-Time job.

Looking for an exit before the end of the day.
Comment:
At this moment I went Long too early and with the bearish bias on the 4 hour chart. I am exiting my LONG and am going to see if we go much further DOWN.
Comment:
So I am still a learning and I posted that last comment before convincing myself I looked for a good setup and will stay in it. I also put a STOP LOSS @ 80.00
Trade active
Trade closed manually:
Well it turned out not to work out. The down side on the 4 hour was much stronger than the hourly for a bounce back.

I manually closed the trade for a 3 pip gain, but due to working a FT job I didn't even think about the obvious break below a known trend line and did not reverse the trade and short it. Missed out on a really big move.

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