Cadjpy short opportunity

FX:CADJPY   Canadian Dollar / Japanese Yen
Hey, traders. Here's the example of the trades we found in my live trading room this morning. We identified the bearish bias and key levels on Daily timeframe and made a decision to find some sell opportunities on our trading timeframe. The chart shows these key levels. Here we have a downtrend installed. I tell my students again and again that a trend is tendency of price ot move in one direction and it is identified as a series of higher highs and higher lows or lower lows and lower highs. Look at the chart and tell me if we have one. Using my ACS-based swing identification technique we calculate our swings.... Yeah, this is what we do. We calculate swings. Pure maths. Then we compare one swing to another to see the ralationships between the swings. There're many type of swings in my approach differentiated by their relationships but to start drawing the pattern we only take a swing that is called "confirmation sign". The rest is simple - stretch fibs and bla bla bla...
Hope this explanation was useful. If you have some questions about my approach or about my live trading room then live me a private message.
Click those like buttons if you find my ideas interesting.
Order cancelled: The pattern didn't complete. Orders cancelled)
Nichego, I learned something from this exemple. Spasibo!
More good trades will come
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out