ForceFollower
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CADJPY H2: At Resistance

FX:CADJPY   加元/日元
56 2 8
CADJPY             is in a nice down trend, so another oportunity to enter short may be developing just at the current resistance levels, somewhere around 82. Take profit at the prior lows, at about 81.
I'm in this too. I am going to 8053 on the first one and then 79.60. Pulling withing twelve hours.. stop above the A at 8230
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ForceFollower hope.bleecker
Thanks for your comment. Excellent trade parameters. I think you should be good, esp. with regard to your first target (mine is at 81.9). However, if the low of 80.9 is taken (on close), we should easily see more progress to the down side.
It's taken some time to develop, but I like it, because it's very much in line with my strategy.
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