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CADJPY


CADJPY is nicely retracing after hitting 4hour 200EMA. I missed this trade and not planning to jump in now as the possibility is high for a retrace back to 4H 200EMA and may be break it to upside. Waiting for another opportunity in this pair.
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Sach999 has taken 18th place in Trader Contest Dec 2017

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USDZAR broke weekly EMA

As we can clearly see from the picture, the USDZAR pair is continuing it's down trend and now it has clearly broken the weekly 200 EMA. I was planning to enter into a short trade but missed the optimal point to enter. Now waiting for a retrace towards the weekly 200 EMA (Or at least the 15Min EMA) to enter into a short trade.
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