Cadjpyshort
CAD/JPY Running In 150 Pips , 0DRAWDOWN , New Entry Added NowThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CAD/JPY Running In 70 Pips 0 Drawdown , New Update For Next DaysThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CAD/JPY Playing Well With Our Res , Bearish Movement ComingThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY Sell Possibility!According to Elliot wave theory, the 5th impulse wave has been over and the Corrective waves have been started.
Since the corrective wave has been inside a downward channel therefore we could expect a fall down in price if the price moves to the upper line of the channel
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Share your ideas in the comment
CAD/JPY W/D/4H Analysis ,Perfect Bearish P.A To Can Sell It This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY Short As we can see the CADJPY has broken the bottom level of an ascending channel on a H4 time Frame, we expecting the pair to retest key levels listed on the graph
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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CADJPY, Trend line is been broken. looking for sell now.If you see in long time frame market is been bullish for a very long time and now its time for it to re-trace or correct the market for that I'm looking for sell because in current market seems like it broke a trend line and seems like its gonna go sell now.
Sell CADJPY [4 May 2022]Monthly: Bearish . Even though price has not entered my ideal sell zone between 109.00 and 113.00, there is a divergence on the monthly TF. So, there is a chance that market will start to drop before reaching my ideal sell zone. The current price is also at a sell zone which has been tested previously. But because it has been tested previously, the chances of price breaking through this zone is there. As such, there will be a few levels that I will be selling.
Weekly: Bearish . Same reasoning as the above.
Daily:
Bearish divergence.
There is an increase in the buying volume on 28/April/2022, the body of the candle is a strong bullish candle, however, the subsequent candle on 29th was a bearish candle, indicating there is not enough demand to push the price higher.
H1: Market made a Break of Structure (BOS) which acts a confirmation for market to drop further. Waiting for price to re-enter the POI zone before we can place a trade.
Considering that my bias is a strong bearish , the following price points would be the areas that I would be interested to sell and stack my positions.
Entry 1: 102.05
Entry 2: 109.20
SL: 102.40 (I don't use SL because I will stack my positions until it goes to my direction).
TP: 97.95