CADJPY- LOOKING FOR HIGHER RESISTANCE
Updated
I normally do not trade this pair, but I am in this from the 8390 area looking for higher resistance. We are getting good pullbacks to day with the cad going lower. I feel this this needs to tag into the 88-89 area before selling again on the higher timeframe. Oil news comes in today and we will see if this can run a little bit and maybe the C can stay in place. Thanks!
Trade active
Hold this. Behaving tonight.Note
Ok so this is going to head up to the right tip of the crown first target at 8574 and then should continue. Running nicely now.Trade active
Hang on. The yens are buying a little bit with this dollar dump.. should move up. I likely would pull this prior to Canada news on Friday if it gets stuck. Anyway, still trading. Have a great evening!Note
My stop is break even and I am still holding with another one off for 157 pips. Funding coming in so profit pulling in order and hope we can run it through Friday. I will be updating dollar charts on Twitter hope_bleecker for Elpidos Trading. Thanks and have a great one.Trade closed: stop reached
Hey guys. Looks like I am stopped at plus 20 pips on the rest of these. Let's see if it finds support next week or if the yens continue to fall. Any way, that was a great trade for us with a combined 257 pips on the first two and then 160 pips on the plus 20. Thanks.. If this sells, I likely will not be in that trade but will look for support on it lower at roughly 8174 when the dollar continues to sell down. Have an awesome weekend and don't hold too much over the weekend with the G7 conference going on.
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