Strong Long - Final Attempt

FX:CADJPY   Canadian Dollar / Japanese Yen
74 11 1
Final attempt for CadJpy             longs (Long term trade) 1st Target 94 handle.....

Active in this trade now, entry 90.85, SL 90.45 - speculative position, if it behaves as I expect then I position for long term.
Ignore, SL in chart thats too much, no need to risk more than 40 pips to know whether we are in right direction of not.
1st target level reached, 93.80 ! :D
Very good !
FxSaint vaicru
Thanks mate.
I have started building longs heavily now..... my stops moved further up to 90.60 which reduces my risk further which enable me to build heavy positions. Hopefully now it builds momentum to north.
Alright then, I have bought it now, a small position just as a marker to keep on track, entry @ 90.80 SL 90.45....its a speculative position & once I see support being established or resistance being broken then I go for positioning.
i would really like to see some supportive candlesticks before entering. would not enter on a big black candle like that
FxSaint zohaibayub85
Sure, that is one way to trade.... I go with limits mainly due to my risk:reward ratio.
I see nice resistive candle sticks now :D
zohaibayub85 zohaibayub85
i mean supportive
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