KD Trades

Kooyar

TFG Forum Junkie
Opened a new buy position on CAD/JPY at 107.55. Monthly chart is forming a extreme bullish pattern.


CADJPY-20230904-M CHART-107.66.PNG
 

Kooyar

TFG Forum Junkie
Long is correct for all JPY pairs, are you collecting any swaps?
It's been a range market since 1995. At this stage, I'm interested to see how strong is the next pullback to decide whether I need to close the position or collecting the rollovers and wait longer for a higher price. But, I think it's very tricky at this stage and price can even drop to 97 level.

CADJPY-Choppy Market since 1995.PNG
 
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