• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

  • Home
  • Start Here
    • Back to Basics of Trading
    • Resource For Traders – The Best Tools for Traders
    • Learn Trading Articles
    • Sierra Chart Resource
  • Blog
    • Blog Posts
    • Other learning resource
    • Dummy Collection
    • Harmonic setups
  • About Me

Is it time now? uhm….. AUD/JPY

by Gav Leave a Comment

During my routine Sunday chart scanning , AUD/JPY jumps out to me. I see something interesting. It looks like a bearish flag, then it broke down, pulled back, and this might be a downtrend continuation. I am watching closely, and play at the short side with caution. But,be prepared, it might signal a new bull run of the pair.

Here is the ……..CHART!

[photopress:audjpy08feb2008_daily.gif,full,1]

Here is the trend score, a weak downtrend is indicated, which shows a potential.

negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

audjpy08feb2008_trend.JPG

About this tool

Filed Under: Trading Journal Tagged With: Forex Blogroll, FX, Trading Journal

Reader Interactions

Comments

  1. Jay says

    at 5:57 pm

    Whoops!

    Reply
    • Jay says

      at 5:59 pm

      Might be a good short now (on 12 February)…I’m net long JPY as well today. Trades just bouncing around for now, so I really think Ima gonna have to watch the rollover…

      Time will tell.

      Reply
  2. Jay says

    at 4:57 am

    Whoops!

    Reply
    • Jay says

      at 4:59 am

      Might be a good short now (on 12 February)…I’m net long JPY as well today. Trades just bouncing around for now, so I really think Ima gonna have to watch the rollover…

      Time will tell.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Tools For Traders

Recommend FX Charting

Footer

Recommended FX Charting

Recommended Training

FXSAnalytics
Price Action Course for Professionals

Copyright © 2025 · Affiliate Disclosure · Privacy

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok