CADJPY LONG

Pin bar on 4H. Bullish bias on most time frames. Price has fallen to the daily key level, similar to where we entered this pair last time. This should be a good entry !!

Good luck 🙂

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Komentarz:

This pair seems like it went on a little stop hunt. If you’re still in that’s great, you’ve prob got an adequate SL. If you’ve been stopped out don’t worry, there does still appear to be a bullish bias for now, so there will probably be another opportunity to enter again long. Fingers crossed, we get some bullish movement soonish.

If you are a beginner, probably best to risk 0.5-1% of your account Per trade. This is the KEY to staying in this game longer lol. Don’t make the money the focus...The more you focus on the strategy, the more the money follows... Losses are a part of the game... when you can embrace that, you will eliminate fear ... good luck :)

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-23 pips... I have closed my position with a loss. I think jpy pairs are getting A little bearish.