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Cad-jpy

Easy 400+ pips, dont miss! - CADJPY - BUYOne off my favorites trades for this week. After analysis i can say we will haveve much more bigger UP trend. CAD is have positive results last week Employment Change (Aug) A:81.1K F:18.9K P:-24.2K, and Unemployment Rate (Aug) A:5.7% F:5.7% P:5.7% is stay unchangeded, CAD is also have interest rate cut wich is give to him more power. and CAD is gain power from trade talks from china last week. JPY is have not to much good results today on economy events GDP is stay same on 0.3%, in last 1-2 weeks JPY is have oor economy results yo ucan check them in economy calendar, and today is one of weakest currencys. TP1: 81.620 ENTRY: 81.220+- SL: 80.800 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Telegram link in section about me! Follow, Like, Share or Comment Thanks on supporting! All best!
by UnknownUnicorn3983388
Easy 250+ pips, dont miss! - CADJPY - BUYAfter analysis i can say we will haveve much more bigger UP trend. CAD is have today rate cut and positive results for CAD are he is gain some strengt, BoC Interest Rate Decision A:1.75% F:1.75% P:1.75%. JPY is the weakest currency today, and they are have some poor economy results in last week. TP1: 0.80480 ENTRY: 0.80230+- SL: 0.79900 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Follow, Like, Share or Comment Thanks on supporting! All best!
by UnknownUnicorn3983388
Forex basket : 08:36 04-Sep-19.LOG For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that have a positive overall yield. The profit factor of any strategy is also very essential, because a profitable strategy should make more money or pips, than it loses. After some extensive research, I have discovered one of such systems. This strategy is built on one of the oldest trading adages around; “cut your losses early and let your profits run” and “the trend is your friend”. Basket trading involves opening a series of correlated or uncorrelated trades, and after an adequate amount of time, closing the trades when the overall sum of the trades is positive i.e. when the net value of all open trades is positive or close to our targeted profit-value. It is not 100% guarantee. The Trading setup The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis. Key Reports/Factors that Move FX Markets Any world events /news Financial crises and elections create financial uncertainty and, in turn, impact value of a country’s currency Central Bank monetary policy announcements Will affect size/growth rate of a nation’s money supply and, in turn, interest rates; can include key interest rate changes, buying/selling government bonds, reserve requirements changes FOMC (Federal Open Markets Committee) Meets 8 times a year to set U.S. monetary policy and key interest rate changes; impacts value of U.S. dollar, world’s reserve currency U.S. Dollar Index Measures the value of U.S. dollar relative to a basket of currencies for the U.S.’s most significant trading partners
by DORMAN5