possible trades on CADJPY
Hi guys,
In this post I am going to point out the area of interests to trade on CADJPY.
The closest and the first trade is the buy with 5 pips SL and 10 pips TP, downtrend is getting weak and long position seems optimal. I personally exit half of the position on 10 Pip and Trailing Stop below higher low in 1 min TF until 20 pips tp exit completely.
In the chart you might be able to see other lines that might be able to trade with 5 pips SL, there are risky but I would do it normally half of the size I get on less risky trades, if the trades hit SL on the trades, I immediately put another opposite trade on the same line and this is how my strategy work with this S/R lines
In this post I am going to point out the area of interests to trade on CADJPY.
The closest and the first trade is the buy with 5 pips SL and 10 pips TP, downtrend is getting weak and long position seems optimal. I personally exit half of the position on 10 Pip and Trailing Stop below higher low in 1 min TF until 20 pips tp exit completely.
In the chart you might be able to see other lines that might be able to trade with 5 pips SL, there are risky but I would do it normally half of the size I get on less risky trades, if the trades hit SL on the trades, I immediately put another opposite trade on the same line and this is how my strategy work with this S/R lines
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.