Thursday, December 17, 2020

Forex CADJPY 12/17/2020

 Forex CADJPY 12/17/2020

                  Hi Guys it's me Onesiphoro In this blog I will share with you my trading
plan for the currency of CADJPY on FOREX day of 12/17/2020. without further ado,
let's get right into it. 









          As you can see right now the monthly chart of CADJPY is going long and it goes
beyond the trend, but I don't base my decision here since the trade plan that I'm
going to use is Daily. 




                                             




                      Ok, here's go nothing in spite of its looks uptrend I decided to do short
since the trend is going down. This chart is the 1-hour chart usually use.









                    After drawing the trend link it seems to me that I trade in the wrong direction
 but still, it's worth trying who knows I might be right, Keep in mind that Forex is a
 game of possibility so there's still a chance that I was right probably 50 percent.
Will that's it for today I hope that you like this blog, feel free to comment below thanks. 

4 comments:

  1. the monthly chart of CADJPY is going long and it goes
    beyond the trend, but I don't base my decision here since the trade plan that I'm
    going to use is Daily.

    ReplyDelete
  2. its looks uptrend I decided to do short
    since the trend is going down. This chart is the 1-hour chart usually use.

    ReplyDelete
  3. the monthly chart of CADJPY is going long and it goes
    beyond the trend, but I don't base my decision here since the trade plan that I'm
    going to use is Daily.

    ReplyDelete
  4. Keep in mind that Forex is a
    game of possibility so there's still a chance that I was right probably 50 percent.

    ReplyDelete