Captain_Walker

CADJPY (4H) - opportunity for a controlled loss

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Nobody likes to hear about loss and losing - do they?

Well, the 4H time frame on CADJPY gives you just that opportunity. Always - loss has to be balanced against a robust analysis of where the trend is, and where the overall probability is.

You simply cannot make profits overall by not taking controlled losses, in this business.

This screencast is not advice nor is it a prediction - rather unusual stuff.

Compare situation on daily trend and channel on CADJPY

See also similar methodology for EURUSD

I'm not saying any of this is perfect.

As usual none of this is advice or encouragement to short CADJPY .
Comment: This screenshot is not predictive.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]