CADJPY: Technical Trade and BOJ Speculation | Weekly Support
I entered long on CADJPY technically because it is at weekly support, and because I have a positive speculation for the BOJ. It can fluctuation 200-300 pips, depending on what the BOJ says.
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Volume and price match:
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What a wick.. on here and USDJPY.... everything looks bullish.
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Weekly support from 2011, wedge divergence.. and buyers coming in..if the BOJ does what I anticipate then it is a.. ROCKET!! s3.amazonaws.com/tra...shots/d/DN0QpWo6.png
Trade fechado: objetivo atingido
Trade fechado: stop atingido
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Both my target was reached AND I was stopped out. hehe. I booked profits while awake...but when I woke up...the rest were stopped out. I was too tired to put order at brake even to my demise.
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...and economic news release destroyed this pattern. I was asleep at the time. Otherwise, I would have been ok. It would be nice to have a small team trading the same strategy, switching shifts.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
