Taking advantage of basic trading
Hello friends
I am here again, happier than yesterday but not as much as I will be tomorrow, as I always thank you for your support with the votes for my post.
Yesterday I made one talking about the fulfillment of my objective in the technical analysis that I had carried out in the AUD / JPY pair, and in the same way I also left another analysis, in which it was very, very similar to the previous one, this was with the AUD / USD pair. This had entered a consolidation range that had about two days between the price of 0.7898 and 0.7941, but the secret was there, to be aware of the price action, in which already at the time that post "Target fulfilled ”and a bullish candle had broken the resistance, I followed the price to wait for at least a small retracement that creates an upward momentum, to rule out a false resistance breakout. Here I show you in the graph which I placed in my post yesterday.
Here below I leave today's chart, in which it shows that the price went up until it reached 0.8000 as it was, I respect the psychological price and that is where the bears took over this pair that until now continues in a downtrend. Of course, I had already taken the gains of almost 40 pips, I do not place my tp, at the same margin of the price because there is a great possibility that it will come close to the price but do not touch and I prefer to avoid that type of losses.
Today I look at the market and for my taste it is not with good entries, that they were so safe, the previous ones that were in those lateralized channels were very, very easy, and if that is what I am looking for, security against Everything, every time I try to be more disciplined in carrying out each operation, I try to do fewer operations but with more certainty that they will be fulfilled.
Today I will continue to follow the market to see what possible entry exists, and I will publish it to share it with all of you.
Again I thank all of you for taking the time to read my posts and vote for them.
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