FX:CADJPY   Canadian Dollar / Japanese Yen
71 6 4
The Opec meeting over the weekend created bad reaction mostly accross the board, the most affected of all is the CAD. Here we just want to follow the market and the only call is to short this pair. 83.50 is the price we are working with here, below it we remain short.
GLT             and have a great trading week
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Trade active: With the discounting of the price. we are have now enter a short at a better price 83.90
What's the SL and TP?
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charts247 tossie79
Hi, right now above 84.35 price have scope to trade higher.
if price failed to sustain you can use 84.35 0r 40 as SL.
Target depend on your expectation we see the low of the day and maybe lower.
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tossie79 charts247
Thanks
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charts247 tossie79
UW
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Hi, thank you for your chart! Aren't you worried about that gap first of all?
Regards
Reply
charts247 VladimirRibakov
Hi thanks for your observation, well theres Gap which is what everbody is looking at. if price breaks below 83.50 again we are selling regardless of gap or not.
Rememmber this posts are for educational pupose!
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