Rocketman
Long

CADJPY: Technical Trade and BOJ Speculation | Weekly Support

FX:CADJPY   Canadian Dollar/Japanese Yen
69 0 5
I entered long on CADJPY             technically because it is at weekly support, and because I have a positive speculation for the BOJ. It can fluctuation 200-300 pips, depending on what the BOJ says.
Comment: Volume and price match:
snapshot
Comment: What a wick.. on here and USDJPY.... everything looks bullish.
Comment: Weekly support from 2011, wedge divergence.. and buyers coming in..if the BOJ does what I anticipate then it is a.. ROCKET!!
snapshot
Trade closed: target reached
Trade closed: stop reached
Comment: Both my target was reached AND I was stopped out. hehe. I booked profits while awake...but when I woke up...the rest were stopped out. I was too tired to put order at brake even to my demise.
Comment: ...and economic news release destroyed this pattern. I was asleep at the time. Otherwise, I would have been ok. It would be nice to have a small team trading the same strategy, switching shifts.
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