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Cadjpylong

CADJPY is at Major Support Potential Trade. CADJPY is at Major Keylevel am going to watch closely price action on 4hr for a potential swing to the upside. Risk Management Alert: The meaning of second target (Always take 60% profit of your first target and keep your 40% running to second target, in this case if any reversal happens your safe and secured, to make this better, move your stop loss to STOP PROFIT which is above your entry level of 10-15 pips after hitting your first target, then up to you as long as it not negative, This way you don't regret holding or exiting early. Thats 75% Profit from your idea or mine :D, Why this is good, Let's say you exited early, now you will be looking for another entry in this case you not sure if this is a reversal or a continuation of a trend and TRUST ME its not Easy to find. Most of traders just throwing ideas without explaining why, how, and when... they just draw some beautiful butterfly's, sea-waves, waterslides, matrix moves, EVEN Some HOLY GRILL indicator, at the end all comes to risk management and key levels, Trust me markets will always do what they want to do. Good luck.
Long
by binM
1
CADJPY - A long Term Buy? Following the recent employment change report on CAD which came out positive indicating strength on the currency, opportunity for the bulls to come in unfolds. However, we should expect some reaction @ 78.936 level. If price respect that level, and fails to break through, CADJPY may become bearish. A break through the Previous Weeks High (PWH) @ 79.648 will give us a confirmation of a long-term buy targeting the monthly resistance @ 81.742. If you find this idea insightful, hit the like button. Happy Trading.
by Seun_Abilawon
CADJPY signal (LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market targets: 79.9 - 80.3 - 80.6 after first target reached move ur stop to breakeven stop: under 79 (depending of ur risk). ALWAYS follow ur RM . Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive
1
CADJPY H4 LONG PRICE ACTION FORECASTPrice action is experiencing a downtrend momentum as correction, with MACD signaling a diminish bullish bias and about to form a sell signal for confirmation of short-term downtrend. Expecting price action to correct and get a rejection from previous resistance level to trigger a long order capturing the forthcoming bullishness, allowing a decent R:R towards the supply zone in confluence with the ascending trendline. The order: Type: buy-limit S/L: 45 pips - R:R | 1:2.7 - T/P: supply zone -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER