Forex trades for April 12, 2016 (AUDUSD, NZDUSD, GBPJPY)

I took this long trade on the GBP/JPY pair yesterday off the bullish Pin-Bar. The take profit was set right at the highs from the 6th April. When I woke up this morning, the TP order had already been hit. This one netted about 122 pips.


The NZD/USD short trade was initiated after I saw this long Pin-Bar on the 30-minute chart. There was already a very clear RSI divergence showing as well. The take-profit order is set to 0.6796, which is just above the swing low from yesterday.

The short trade on the AUD/USD was taken when that bearish engulfing bar - the one with the long tail - closed. I placed the take-profit order at 0.7546, just above the swing lows from from the 11th of April.