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ForceFollower
Feb 27, 2014 10:45 AM

CADJPY Headed Downwards Short

Canadian Dollar/Japanese YenFXCM

Description

If market cooperates, I expect to take profit at the green line.
Comments
dem0nd
I'm following this one. Is USD/JPY still going down until the end of this week?
ForceFollower
Yes, possibly.
dem0nd
Alright, I'm looking forward to this target of yours. This is very interesting. I'm in at 91.70. Hopefully can hit your target! :D
ForceFollower
I hope so too. CADJPY: As long as the black thin bear trend line remains inviolate, the red-arrow scenario is good. USDJPY: the same opinion, but CAD/JPY is better.

And make sure your risk is predermined, easy to take for you, your stop's in place and you'll sleep well. Today the Oanda servers were down for some two or three hours! Noone could access their accounts, orders nor even the broker's website. Fortunately I had all of my orders in place, both stop-losses and take-profits (they were all filled properly, later I found out). The outage happened during a time of breakouts in CADCHF and GBPCAD, a reversal in AUDUSD etc. The markets were moving and all I could do was only watch them in tradingview.
dem0nd
Alright, At the moment it's still good. I believe this one will work. Thanks for the advice too!

Btw, I'm short for EUR/JPY as well.
ForceFollower
Short EUR/JPY is OK; the worst of the three, but OK and should go down as well.
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