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Trading2ez
Feb 22, 2021 10:45 AM

CAD/JPY BUY SIGNAL Long

Canadian Dollar/Japanese YenFXCM

Description

Hey tradomaniacs,

welcome to another free trading-setup.


CAD/JPY: Daytrade-Execution

Market-Buy-Order: 83,650
Stop-Loss: 83,190

Point of Risk-Reduction: 83,910
Take-Profit: 84,600

Stop-Loss:45 pips
Risk: 0,5% - 1%

Risk-Reward: 2,15




LEAVE A LIKE AND A COMMENT - I appreciate every support! =)


Peace and good trades
Irasor

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Comment

CAD/JPY: Active trade

Adjusted stop-loss just a little bit by 5 pips down to 83,140 as JPY is re-testing strong resistance.

Crude OIL is pumping, SPX500 is steady aswell as yields and CAD/JPY is re-testing a support-zone.
Overall a lot of signs for a reversal 👉 I expect a fake-move here and I want to give the market more space for volatility.

You can of course keep the stop-loss where it is right now if you don`t want to accept more risk.

Comment

CAD/JPY: Point of risk-reduction reached

Please move your stop-loss to break-even!

Trade closed manually

CAD/JPY: Early exit +70 pips (+1,5%) ✅

Taking some more ahead the Crude Oil Inventories!
Comments
abel11
Very resourceful, thanks for sharing.
TheSignalyst
Well done brother keep upp
profitalztrading
Your charting is top-notch!
Trading2ez
@profitalztrading, appreciate it bro =)
UnknownUnicorn15614419
Awesome stuff! Keep sharing your analysis, friend!
Trading2ez
@TradingStat, thanks a lot =)
resulfox
Jeremy the legend
Trading2ez
@lazyruss, hahah LOL
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