Thursday, October 18, 2012

CAD / JPY UPdate: Thursday 18th October 2012 04:55hrs

CAD / JPY

Price has not pulled back enough to allow the entry over night.

The averages have progressed higher as has the Daily pivot point.

I have therefore adjusted my entry and stop levels.

Chart and Levels below.

1st Entry: 80.50
2nd Entry: 80.35

Averaged Entry: 80.425

Stop Loss: 80.10

Target: 82.10

 
I will update again when the trade is triggered,
 
Regards
 
 

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