FX:CADJPY   Canadian Dollar / Japanese Yen
CAD is at some major resistance currently and expecting the YEN to follow Gold             soon. We just completed a bearish bat and a false break of the trendline . I am short at 85.4. Expecting to see a lot of weakness. The target is open.
Trade active: I was stopped out, but managed to reenter at 85.8. Just one of them times where you get stopped, but the overall picture hasn't changed. Stocks are now at major resistance, which we should see sell off into new lows and CADJPY should follow suit.
Trade active: I am entering here again. Everything looks good., actually even better this time. Short from 86.7
Trade active: I am up 450 pips at the moment. We're still seeing significant YEN buying across the board and Canadian dollar weakness. I am still holding for now, but that could change at any moment.
Trade closed manually: Closed for 418 pips. Reasons are because of such a big daily drop, medium term support, not a a significant spot to change my stop loss to yield the correct risk:reward, and finally because of CAD data out tomorrow. I will still look for spots to jump back into the JPY strength and also I am looking at a breakout in GBPCAD if further CAD weakness develops.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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