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CADJPY QUICK SCALP

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G
@godswillfx - 3 months ago - Technical Analysis

Pair: CADJPY

Strategy: SLP ( Structure Liquidity and poi )

Steps;

I saw 1 hour ORDER BLOCK REACTION

I went to the 5 minutes timeframe to look for MSS

After the MSS I saw a single candle inducement

My POI (BREAKER BLOCK) came from my 3 minutes timeframe.

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G
@godswillfx - 3 months ago

We'll keep you updated on the trade.

What's do you think about this analysis.

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@weilo_daniel - 3 months ago
Quoted - godswillfx

We'll keep you updated on the trade.

What's do you think about this analysis.

This market looks very volatile

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L
@lawanf - 3 months ago
Quoted - godswillfx

We'll keep you updated on the trade.

What's do you think about this analysis.

Well, I think you will eventually get filled in but SL has to be far away because it looks volatile

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G
@godswillfx - 3 months ago
Quoted - lawanf

Well, I think you will eventually get filled in but SL has to be far away because it looks volatile

JPY Pairs have lower spread on brokers compared to other exotic pairs like "CHF" pairs which have higher spread.

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G
@godswillfx - 3 months ago
Quoted - weilo_daniel

This market looks very volatile

We are using a 5 minutes timeframe and the least capital can be traded here.

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G
@godswillfx - 2 months ago

My projection for CADJPY is bullish.

15 minutes timeframe mss

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G
@godswillfx - 2 months ago
Quoted - godswillfx

My projection for CADJPY is bullish.

15 minutes timeframe mss

Market has moved ... I think price is heading towards tp

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