CADJPY LONG

1 Jul 2020

-CADJPY has retraced to the 50% fib level on the daily chart and consolidated there for a few weeks.
-there is bullish bias on the hourly. Bullish divergence on the 4H and hidden bullish divergence on the Daily
-I’m looking for the perfect opportunity to enter a long position on the hourly.

I’ll update if and when I enter!


Good luck !

2 Jul 2020

Dagangan aktif

Zooming into the hourly, the price seems to be reversing off the 50% fib level, so I’ve activated the position !

10 Jul 2020

Dagangan ditutup: hentian tercapai

- 24pips

May look for better entry if I get the signal. Will update if I do.

10 Jul 2020

Nota

* -19pips

12 Jul 2020

Dagangan aktif

13 Jul 2020

Nota

This second entry has been more successful, it is currently approx 40pips in prof and risk free

20 Jul 2020

Nota

Hope you are still hanging in there, patience is a big part of this, esp for the juicy pips lol

22 Jul 2020

Nota

Best position is approx +80pips in profit. I’m going to lock some of that in as usual and make any remaining positions risk free. Price looks as though it’s trying to break through this daily key level. In case it doesn’t, try to capture some profit in the event it does turn around.



Happy day!

22 Jul 2020

Nota

There is a CPI rate release for CAD at 1330 uk time today, so at least make sure your positions will be risk free for that. Hopefully this data will impact our positions positively !!

Good luck !!

24 Jul 2020

Dagangan ditutup: sasaran tercapai

My positions were stopped out sometime last night. Five positions closed in profit one position 0 prof loss.

+113pips
+73pips
+63pips
+55pips
+35pips
—————-
+339pips

Excellent!!!

24 Jul 2020

Dagangan ditutup: hentian tercapai

Close * price was 79.731