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Forex technical analysis: AUDJPY trade... stopped out

Discussion in 'Education, Tutorials & Courses' started by ForexLive, Mar 30, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Trade recommendation stopped out Yesterday, Adam posted a trade idea from HSBC to sell the AUDJPY at 85.37, with a profit target of 80.58 and a stop at 86.58. So risk was about 120 pips and reward was about 480 pips. That conveniently comes to a 4:1 reward to risk ratio. Enticing trade idea even if the risk reward seems a bit contrived.

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