Canadian Dollar / Japanese Yen
Short
Updated

Cadjpy and another Yen pair

173
Using another Yen pair we can assess clear risk management strategies and calculating position size.

If you have a market like this and it is running away further you can drop your size. Do NOT overleverage expecting to kill it on Trade One. Wait for entry confirmation from price action within timeframes.

When Market sentiment is positive in the way the market is moving you can get harsh moves.. Picking one Trade becomes more difficult.. and rightly so. This is why we can spread our risk.
Note
exit some shorts on the drop.
Note
Exit further shorts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.