FX:CADJPY   Canadian Dollar/Japanese Yen
836 13 27
CADJPY             has just bounced back above the demand zone . Its a good long oppotunity however strong resistance lies in the mid-point of our TP. You may take partial profits once price reaches to resistance zone .

The pair is corelated to AUDJPY             in positive connection.
Comment: Move SL at cost or book profit if you trading short term. Enjoy :)
Comment: Demand zone has successfully supported the most volatile market moves of past two days. Now the pair is consolidating probably to move towards our target. Hold tight your positions. Best of luck!
Comment: CADJPY may test a littl down to resume its upward move. AS the pair is in coorelation to AUDJPy, which is rising up. so the correction is on its way. The correlation will be nullified if it touches the stop loss level in this updated chart.
snapshot
Dan - You got stopped out of this trade? Cheers!!

snapshot


Your last comment on this indicated a stop loss @ 75.528
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Daniel-Malik ezytradesignals
Who Put stop loss ? at the point where you did ??
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Confluence = Trend + Price Action Signal + Key Level - I don't see any bullish setup - Will go long above 77.450 with confirmation of a bullish signal.
CADJPY - Bearish below 77.450
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this is really not going long , what you will teach your course students........... like this????
+1 Reply
The idea is still valid . And I am not the GOD to predict every time very accurate. Even Big banks and institute sometimes failed. thx
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And if you read the chart updates, it was already told to move SL to cost or to take profits as in such volatile amrket conditions nothing is predictable, and demand zone ahs still not been breached. Students are taught how to make profit and cut short their loses, by no means I or anyone can claim that each and every move is predictable.
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there is no holy grail in trading my friend. and daniel the reason why it went down was because of DBank impact. it was risk off, but now it is back to technical and i can only see bullish with Oil also breaking trendline for bullish.
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Zabardast bro, well done.
+1 Reply
dude this idea of urs is not working...
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Daniel-Malik marketplaceguy
The idea will be invalidated if it pierces through the demand zone. Lets See, and considering the so uncertain market conditions due to Interest rates, everything is uncertain at the moment.
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