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results of analysis of using daily pivot point calculations for CADJPY
I see this pair still in strong bearish movement . If this pair keep moving to down side ,
I predict this pair will reach to the next support level, maybe this pair will make some correction to the next low level.
SELL position is better choice now, you can set target profit level 42 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta hai yeh pair ,
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Emotion, or lack of discipline, is the greatest enemy of every trader. This is so true that one could argue that discipline is a more precious trading commodity than capital itself, since capital can only be sustained with discipline.
This is not to say that the trader does not have value to bring – he does. In moments of clear, objective contemplation, many traders – even novices – can be builders of excellent trading systems. These systems can take advantage of their understanding of the forces of forex and test out incredibly. Once live, however, the system falls apart. Why?
The simple reason is that emotion has no place in trading. Emotion causes the trader to act differently following large wins or losses. Emotion causes the trader to act irrationally when large moves occur. Emotion causes the trader to apply his trading system inconsistently.
If you took a survey of successful traders you would find many similarities. The traders would understand and apply all of the forces of forex. They would usually trade incredibly simple trading systems. They would trade using conservative, well thought out money management philosophies, and they would trade with absolute consistency.
For the institutional investor, absolute consistency is not a problem, since they have an array of personnel and resources at their disposal. For individual investors, there are three groups. Those who trade without consistency, those who trade with manual consistency, and those who trade with automated consistency. The novice, of course, is the trader who thrashes from trade to trade. The individual investor who uses consistent discipline or automation as the foundation of his trading activity maximizes his level of sophistication.
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Cad/Jpy not cross the up price level 82.50, it means that Cad/Jpy pair today in selling and i recommend that trader place the sell in Cad/Jpy 82.00 - 82.50 and use of take profit at 80 to 120 pips point mean use tp at 81.00 - 80.70 and use stop loss price 82.50, I recommend today place sell order in Cad/Jpy and make good earning profit in Cad/Jpy pair trade positions.
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Dear friends
Forex is the best earning website if we knolldge of forex tradeing system we make there good and huge profit .
I advise you forex trade use only
RSI
And
Zigzag indicater
There you stop if u loss trade then stop if u make profit then u stop trade and take profit .
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CAD/JPY - pair in focus.
Current Price - 82.54
main support level - 82.36
main resistance level - 82.73
Pair likely to be in Sell today.
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CAD/JPY - Live Rate, Forecast, News and Analysis - DailyFX
Canadian Dollar - Japanese Yen Chart. ... The cross between the Canadian Dollar and the Japanese Yen is seen as a strong substitute for the USD/JPY pair when a trader is wary of trading the US Dollar. However, CAD/JPY is historically more sensitive to changes in market-wide sentiment ...
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Dear friends
Forex is the best earning website if we knolldge of forex tradeing system we make there good and huge profit .
I advise you forex trade use only
RSI
And
Zigzag indicater
There you stop if u loss trade then stop if u make profit then u stop trade and take profit .
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Thanks for u.
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CAD/JPY has been bearish on the H4 chart. The pair produced four bearish daily candles. As of writing, the second last H4 candle came out as a bullish corrective candle. The price has been bearish on the last candle. If the current candle closes below consolidation support, the sellers may trigger a short entry.
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The Canadian Dollar has been locked in a downtrend against the Japanese Yen since the start of 2018. The currency tested the bounds of the decline after bouncing from support capping losses since 2009 and recoiled lower, breaking through the floor of the rising channel defining the recovery. This paints the advance as corrective and suggests the dominant bearish bias has been reasserted.
