Cabot101Management
Panjang

Oil dusting itself off again ......

FX:CADJPY   Dolar Kanada/ Yen Jepun
23 0 4
Purely based on oil             @ the minute and CAD- GDP up, I think this is a nice steady trade for say 80 pips .

So there is a risk on tone right now,
My opinion:

1. Its on trend line support
2. Good figs out yesterday
3. It should pop above the 0.23 Fib line cementing the buyers coming in

Entry @ mkt 82.20

TP @ 83.00

Stop set @ 81.70 below the last low

More ideas coming soon !!!!!!
Perdagangan aktif: Okay as expected this has pushed above the Fib line and the buyers are stepping in ,
Its navigating its way to our target so stay tuned ......
Komen: Okay stopped out @ break even due to the cross rates affecting this USD/JPY bad NFP figs have pushed this trade out of the zone ,

Stay tuned
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