CADJPY is a wild one. In this screencast I show long and short opportunities depending on how much loss one is willing to take and on which time frame one is operating in.
There's a nice li'le head and shoulders in there looking ripe to short. But there is some potential difficulty. Trading ain't easy - is it? Have a look.
Loads of crowds are heading north on USDCAD. I don't follow crowds - sorry. In this screencast, I show my rationale for a contrarian perspective based on patterns in USDCAD (1D) and weakening in US-Dollar (1D) trend strength. I'm currently exploiting a 30 min time frame microtrend and willing to take a controlled loss (aka stop-loss), to limit how wrong I may be....
