Cadjpyanalysis
CADJPY Analysis and Trade Idea UPDATE!The bearish englufer made the entry easy. Wait for the base candle (bullish) to be retested by the candle forming after the engulfer.
On the LTFs, it is a break of market structure. The pullback after the break is the high probability entry.
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CAD/JPY Running In 70 Pips 0 Drawdown , New Update For Next DaysThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CAD/JPY Playing Well With Our Res , Bearish Movement ComingThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CAD-JPY idea! 💡💬
Hi traders.
I use the supply-demand method for my analysis.
Check the lower timeframes for confirmation and entry. (5m,1m)
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What do you think about this setup?
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Everything I share is how I trade personally. 😉
Enter the trade by checking yourself.☑️
Do not put more than 3% of your capital at risk! ❌
CADJPY Sell Possibility!According to Elliot wave theory, the 5th impulse wave has been over and the Corrective waves have been started.
Since the corrective wave has been inside a downward channel therefore we could expect a fall down in price if the price moves to the upper line of the channel
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Share your ideas in the comment
CAD/JPY W/D/4H Analysis ,Perfect Bearish P.A To Can Sell It This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY : Current Situation & Technical , Fundamental View⛔️ There is no special INDICATOR for Canadian dollars today. Also, there is no special INDICATOR DATA for JPY. This is why CAD OIL PRICE and JPY MARKET SENTIMENT are FOLLOWED.
⛔️ The Canadian Dollar is a COMMODITY BASED CURRENCY and continues to follow market sentiment. CADJPY BUY NOT BE WITHOUT VIX DOWN BY THE JAPANY YEN is also slightly up UP at the moment. For these reasons, the CADJPY price may fall further.
⛔️ CAD FEATURE is currently at 0.7665 LEVEL. Also the JPY FEATURE stays at 0.00778 LEVEL. The CADJPY PRICE is located below the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be DOWN after another RETRACEMENT SHORT TERM.
⛔️ STOCKS are currently DOWN. And VIX is becoming UP. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are going down. Also BONDS SPREADS are becoming UP. By now the MARKET RISK is OFF. So definitely create a DOWN TREND for AUD CAD NZD and a UP TREND for JPY CHF USD.
⛔️ The CADJPY PRICE can be UP to the SUPPORT AREA above before the SHORT TERM DOWN. That is, 100.255 LEVEL can be UP. After that, if this MARKET SENTIMENT continues to operate, the PRICE can be down to CADJPY 95.71 LEVELS. There is not much important news for Japanese YEN and CAD today but most of the CADJPY MARKET SENTIMENT is FOLLOWED. According to the MARKET SENTIMENT, the CADJPY price may move slightly lower. Stay tuned for VIX and OIL PRICES.
CADJPY Short As we can see the CADJPY has broken the bottom level of an ascending channel on a H4 time Frame, we expecting the pair to retest key levels listed on the graph
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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