As we wrote in our Analysis earlier today, the AUD/JPY currency pair showed the possibility of short-term long positions. We loaded our STS_MA_Distance_Bot and it opened 2 long positions in two consecutive M15 candles. The Trading Robot closed the positions automatically when the price reached 10 EMA. Currently, the Strategy (M15 with Distance to10 EMA - 12 pips) has several consecutive losing long positions. The Backtests of the Strategy (check out our STS_MA_Distance_Tester) show a high success rate (over 70%) and we consider that the next few situations for long positions with this Strategy will be successful. That's why we will leave our Bot in "Multiple" mode to open long positions in the next few days.
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