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mattsmarket

cad jpy long to median line risk reward 4 to 1

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
mattsmarket Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Pitchforks Trend Analysis
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pitchfork trendanalysis
looking for blue up sloping median line for profit. small trade. cash stop, no real structure to hide behind. i like that price ran out of downward energy at the red median line and then made a higher hi than thee prior few bars.
Comment:
moved stop loss below prior low at 82.27, better protection. still alive. price now making higher hi's. profit at 82.80
Comment:
new strategy based on current price action...
snapshot
Trade active:
stop moved to break even. just missed profit target. long and waiting....
Comment:
Trade closed: target reached:
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