Posts

Possible 1 to 4 ratio on long CADJPY

There could be an interesting opportunity with a possible 1 to 4 risk : reward ratio on a long CADJPY trade. While the pair is clearly ranging, price has bounced off resistance and printed a bullish engulfing candle. I will try to get a better entry betting on a retracement and aim for the other side of the range with a stop below recent low.

CADJPY

CADJPY

Going long EURCAD and short CADJPY

Two trade signals this morning.

EURCAD

EURCAD

CADJPY

CADJPY

Going long CADJPY

Another signal, going long CADJPY, good R:R prospect.

CADJPY

CADJPY

PA : short on CADJPY looking good

The short trade on CADJPY is looking good, we are targeting the support area and stop has been trailed to B/E.

CADJPY

CADJPY

PA : short CADJPY

Taking a quick short CADJPY on my Price Action account. The pair has retraced on above resistance. Good risk : reward ratio above 2.

CADJPY short

CADJPY short

Break-even on CADJPY

As with most of my trades these past weeks, there was a violent retrace stopping me at break-even on CADJPY

CADJPY

CADJPY

Going long CADJPY

Long signal on CADJPY this morning. Stop at last fractal, T/P placed at a strong resistance level above, which is actually a Kumo top if you look at the graph in Daily timeframe.

CADJPY

CADJPY