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JAPANESE YEN / CANADIAN DOLLAR

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JPYCAD trade ideas

Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (80.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 61. Take Profits: TP1= @ 81.15 TP2= @ 82.05 TP3= @ 83.20 SL= Break below S2
Long
by ForecastCity_EU
Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (81.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. Take Profits: TP1= @ 81.97 TP2= @ 82.54 TP3= @ 83.32 SL= @ 80.80
Long
by ForecastCity_EU
CADJPY SELL FOR WEEKLEY INCOME TRADER.- ALERT SIGNAL FOR POSITIONAL TRADE ALERT SIGNAL DATE -14/10/2018 SELL ENTRY 1 - 86.739 SELL ENTRY 2 - 87.285 STOPLOSS- 88.023 TARGET 1 - 86.146 TARGET 2 - 85.500 Hit like, comment and follow for more profitable Trades. Happy trading. THANK YOU HOW WEEKLEY WIT SIGNAL IS VALID FOR DAILY INCOME TRADER(DIT) 1,IT IS VALID UPTO 24 HOURS,ONCE IT HITS THE ENTRY 2,ONCE PAIR CROSSED 10 PIPS,MOVE YOUR TRAILING STOPLOSS TO 2 BREAKEVEN OR ENTRY 3, WAIT FOR TARGET OR EXIT AT YOUR OWN COMFORT MONEY MANAGEMENT RULES Let’s say, If you have 1000 USD trading balance, you can use Maximum 0.10 lot (0.02+0.03+0.05 = 0.10 lot is the addition of all your open trade lot sizes). 0.10 lot should be your maximum open lot on your 1000$ trading account. 10,000 USD balance = 1 lot maximum (Example : 0.25 lot x 4 orders = 1 lot) 50,000 USD balance = 5 lot maximum (Example : 1 lot x 5 orders = 5 lot) If you are more emotional(tension, sad, greedy) while trading, You can change your leverage below 1:50 to control your emotions. *SUBJECTED TO MARKET RISK Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena. Personally, I like to use a system that has the highest reward to risk, which means that I tend to look for turning points at support and resistance levels because these are the points where it is easiest to identify and quantify the risk. Support is not always strong enough to stop a falling market, nor is resistance always strong enough to turn back an advance in prices. However, a system can be built around the concept of support and resistance to give a trader the edge required to be profitable. THANK YOU TEAM FXSIGNAL]
Short
by E_R_S