CADJPY Uptrend Trend Continuation Trade
1. Weekly Uptrend
2. Nice build-up of bullish momentum candles
3. Currency Strenght Meter confirmation
4. Trend Following Indicator confirmation
5. 2% Risk. 1:1 R:R
6. Stop Loss below candle's low
7. Overall counter-yen sentiment
I came back to basics.
Mastering trend following strategy on daily candles with R:R 1:1 and trying to achieve min. 60% Winrate. Good luck!
1. Weekly Uptrend
2. Nice build-up of bullish momentum candles
3. Currency Strenght Meter confirmation
4. Trend Following Indicator confirmation
5. 2% Risk. 1:1 R:R
6. Stop Loss below candle's low
7. Overall counter-yen sentiment
I came back to basics.
Mastering trend following strategy on daily candles with R:R 1:1 and trying to achieve min. 60% Winrate. Good luck!