FX:CADJPY   Canadian Dollar / Japanese Yen
It's a kill zone. But wait - that doesn't mean that if you short in the kill zone you're gonna make loadsah money!

It means that you need to be able to afford the loss.

I never hide potential losses in any set up. Trading is about risk of failure and losses, so I always keep that in focus.

One does not have to trade a 1D time frame. There are numerous micro-trends in a daily trend which are far safer to exploit.

Stay safe. Don't burn cash. Wash your hands and face. πŸ˜‚πŸ€£

Disclaimers: This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

Comments