CADJPY

expiated · May 6, 2019

Though the intraday trend is clearly bullish at the moment, at 82.48 I see CADJPY as having entered a region of significant "statistical" resistance (82.40 to 82.62). And given that the longer-term trend remains bearish (in my estimation) I will be watching for signs suggesting that the time is right to short this asset, if and when they should occur.

expiated · May 8, 2019

expiated said:
I will be watching for signs suggesting that the time is right to short this asset.

That was a rather nice run. And to be honest, I don't think it's quite over yet.

expiated · May 8, 2019

Well...this changes everything (for the time being).

expiated · May 9, 2019

expiated said:
That was a rather nice run. And to be honest, I don't think it's quite over yet.

I have adopted a modification to my trading methodology that I'm hoping will enable me to take much greater advantage of rightly calling this type of run, God willing...

wwatson1 · May 11, 2019

Nice trade

expiated · May 11, 2019

wwatson1 said:
Nice trade.

Thanks. It's looking to me like 81.10 might have been the bottom, so I'm currently expecting the pair to head north for a while. (It's now at 81.90.)