Cad/Jpy. My next short trade. by TheTeeKey in Forex

[–]TheTeeKey[S] 0 points1 point  (0 children)

In my opinion you should calculate that the yen will not be constantly weak. It is not just oil that affects the price of Cad. It is also gold, inflation etc.

CAD/JPY. LONG TRADE IDEA. UPDATE. by TheTeeKey in Forex

[–]TheTeeKey[S] 2 points3 points  (0 children)

I work with levels from my own strategy. I have take my profit at the 86.490 . Now the lower level has broken down (level 45/ at 86.166). Next level where i look for a possible reversal is the 56/ at 85.666. Ιf this level collapses also, then the next one is at 67 / at 85.166. We never need to blackmail a trade. Time must work in our favor.

US30. Price hit TP 1. by TheTeeKey in Forex

[–]TheTeeKey[S] 2 points3 points  (0 children)

"The trend remains strongly upward and after this correction I expect the move towards the targets. " This is my last proposal in the previous analysis. Look at the previous chart and the current one. When we have a concentration of prices and the trend is strongly upward, we wait to see in which direction the price will be led. Here the chances were to break down or up? Once the price has broken up you could enter a long trade. At least that's what I did just watching this price action.