CAD / JPY Nice setup with big reward and low risk

5 May 2017

I'm very exited about this setup. Monthly timeframe shows big potential on long side. We can see similar priceaction on GBP/JPY. Price had hard time to go down. What happened later you can see for your self.

I'm looking for similar scenario on CAD/JPY. All description is in the chart.

9 May 2017

İşlem aktif

Opened long position already May 15h at 82.180. It's was to late. I missed all move up on that big 4h candle.

Stoploss at 80.500. Target at 84.875

12 May 2017

İşlem aktif

Added in one more long at 81.144. I look for more upside under yesterdays pullback. I see good potential here.

12 May 2017

Not

Sorry, I meant after not under.

13 Haz 2017

Not

Still Active from May 9th. This trade is painful.

14 Haz 2017

İşlem elle kapatılmış

Closed this trade after more than 1 month. Maybe stupid idea not. But didn't want to lose my profits now when I was in profit. If price retraces than maybe I will open new long.