Wednesday, 3 July 2013

CAD/JPY Analysis

Pinbar candle on the daily timeframe 94.18 level acting as a good support level and has previously been resistance too Trend has turned up, moving averages close to turning up. Previous swing point broken and held today Order to go long on a 50% retrace of the pinbar candle STOP: 9412 ENTRY: 9488 LIMIT: 9663 RISK/REWARD: 2.5/1

2 comments:

  1. Trade was triggered overnight in a topsy turvy trading day. Slightly up, sticking to the plan

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  2. Closed out for 40pips. didn't get near my target and trade running for a week now. ideally shouldve closed yesterday

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