CADJPY weekly update:Total profit 8358 pips in 48 days
686
New trading suggestion:
There is possibility of temporary retracement to suggested resistance line (83.50), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
We will close our open trades, if the Midterm level 83.50 is broken.
Total Profit: 8358 pip Closed trade(s): 3623 pip Profit Open trade(s): 4735 pip Profit
Trade Setup: We opened 13 SELL trade(s) @ 90.36 (day close price) based on 'Peak' at 2018.01.09 signaled by our "Daily Trading Opportunity".
Closed Profit:
TP1 @ 89.70 touched at 2018.01.10 with 66 pip Profit.
TP2 @ 88.75 touched at 2018.01.10 with 161 pip Profit.
TP3 @ 87.80 touched at 2018.01.30 with 256 pip Profit.
TP4 @ 86.20 touched at 2018.02.08 with 416 pip Profit.
TP5 @ 85.45 touched at 2018.02.13 with 491 pip Profit.
TP6 @ 84.55 touched at 2018.02.16 with 581 pip Profit.
TP7 @ 83.35 touched at 2018.02.28 with 701 pip Profit.
Open Profit: Profit for one trade is 90.36(open price) - 80.89(current price) = 947 pip 5 trade(s) still open, therefore total profit for open trade(s) is 947 x 5 = 4735 pip
Trade closed: stop reached
Break-even with Total-profit-7053-pips-in-61-days
total Profit: 7053 pip Closed trade(s): 7053 pip Profit Open trade(s): 0 pip Profit
Trade Setup: We opened 13 SELL trade(s) @ 90.36 (day close price) based on 'Peak' at 2018.01.09 signaled by our "Daily Trading Opportunity".
Closed Profit: TP1 @ 89.70 touched at 2018.01.10 with 66 pip Profit. TP2 @ 88.75 touched at 2018.01.10 with 161 pip Profit. TP3 @ 87.80 touched at 2018.01.30 with 256 pip Profit. TP4 @ 86.20 touched at 2018.02.08 with 416 pip Profit. TP5 @ 85.45 touched at 2018.02.13 with 491 pip Profit. TP6 @ 84.55 touched at 2018.02.16 with 581 pip Profit. TP7 @ 83.35 touched at 2018.02.28 with 701 pip Profit. TP8 @ 80.85 touched at 2018.03.16 with 951 pip Profit. 66 + 161 + 256 + 416 + 491 + 581 + 701 + 951 = 3623 pip
Profit for one trade is 90.36(open price) - 83.50(BE price) = 686 pip 5 trade(s) Break Even, therefore total profit for Break Eaven trade(s) is 686 x 5 = 3430 pip
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.