Sell Stop for CADJPY
Updated
Price is below the 20 EMA and 20 LWMA and there has been a recent retouch of these MAs.
The most important thing as a trader is trading what you know works and not just following trades just because that person is profitable.
Find your style, backtest, forward test before finally trading it. Not everyone will understand or believe what you think might happen.
Believe yourself because you know that it will make you profitable in the long run.
Risk is always 1%, dont risk more than 2%
You take this trade at your own risk and accept all liabilities that comes with it.
The most important thing as a trader is trading what you know works and not just following trades just because that person is profitable.
Find your style, backtest, forward test before finally trading it. Not everyone will understand or believe what you think might happen.
Believe yourself because you know that it will make you profitable in the long run.
Risk is always 1%, dont risk more than 2%
You take this trade at your own risk and accept all liabilities that comes with it.
Note
First target Hit. Move second trade to Breakeven (0.3%) and relax
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