cwittusen
Long

CAD/JPY Buyers Profile

FX_IDC:CADJPY   CANADIAN DOLLAR / YEN
When reviewing CAD/JPY             we can clearly see that we have a Market Makers Buyers Profile setup. We have followed the classic setup all the way down, now we have everyone thinking Bearish and that is when MM change it around and start working the BULLISH side of the MM Buyers Profile.

There are 2 steps that can break the MM Buyers profile but it is to early to tell if that will happen. We are banking it will not happen but for the past week we have been able to bank many green and valuable pips on this pair because of this setup.
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