Hi azjeff, Yes, every trade has stop loss level. Short term trade use price stop. But if it is the same direction with the big trend, we may use a little larger stop level. Medium trade will keep entry near the make or break level. If price close ...
DollarYen Analysis Daily close above 101.9 means the price close above daily and weekly cloud. If that, may challange not only 102.24-102.4 zone, but could resume a large bullish trend directly to 102.8-103.4 zone. Daily close below 101.3 will ...
USDCAD daily closed below 1.0739. Still perfer to trade from the short side. 1st SL on a daily close above 1.0751 (Daily cloud kijun-sen) 2nd SL above 1.0805. Add on a close below 1.0696.
USDCAD Analysis: The pair trade in a tight range. Daily close below 1.0737/9 will be the first bearish sign. break below 1.0707-1.0696 zone may retest 1.0643/18 support. Below here will expose 1.0560 zone. To the topside, close above 1.0780-1.08 ...