1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Trade Alert from Jarratt! - CAD/JPY

Discussion in 'Jarratt Davis- Trading Signals' started by Jarratt Davis, Oct 14, 2013.

  1. Jarratt Davis

    Jarratt Davis Special Consultant to the FPA

    Joined:
    Jan 24, 2013
    Messages:
    1,495
    Likes Received:
    910
    Hi Everyone,

    Here is a medium term set up that could be of interest right now, I will post these periodically If I see something:

    SELL CAD/JPY

    Enter between: 94.70 - 94.90

    Stop loss: 96.00

    Take profit between: 92.50 - 92.70

    Remember that I do NOT trade with leverage on my positions.

    *NEW UPDATE - 24th October*

    If you are holding this trade you can now start taking your profits off the table, the profit taking zone is now in between 93.60 - 93.00
    The pair has hit this zone already, so if you get this late and the pair is still in this area feel free to take the trade off.

    If you prefer to hold for the original target then move the Stop loss to break even as you do so. Either way you should have made a good profit from this call.

    J


    - Jarratt Davis
    Fx trader, funds manager and Forex mentor
    www.JarattDavis.com

     
    #1 Jarratt Davis, Oct 14, 2013
    Last edited: Oct 24, 2013
  2. flashking71

    flashking71 Private

    Joined:
    Jul 29, 2010
    Messages:
    13
    Likes Received:
    0
     
  3. Psych Reaper

    Psych Reaper Recruit

    Joined:
    Oct 13, 2013
    Messages:
    4
    Likes Received:
    0
    Thank you for this tip I suppose but I am very new to this forum and investing as a whole. Could someone explain to me what exactly does this mean? What I'm getting out of this is that you buy at the "enter between" and sell at "stop loss" or am I just dumb? Sorry for my incompetence.
     
  4. Jarratt Davis

    Jarratt Davis Special Consultant to the FPA

    Joined:
    Jan 24, 2013
    Messages:
    1,495
    Likes Received:
    910
     
  5. Jarratt Davis

    Jarratt Davis Special Consultant to the FPA

    Joined:
    Jan 24, 2013
    Messages:
    1,495
    Likes Received:
    910
    Hi Reaper,

    Turtle360's helpful post pretty much nailed it :)

    If you need anything else, just let me know!

    J


    - Jarratt Davis
    Fx trader, funds manager and Forex mentor
    www.JarattDavis.com

     
  6. Frozzle

    Frozzle Recruit

    Joined:
    Aug 22, 2013
    Messages:
    1
    Likes Received:
    0
    Thank you, Sir.
     
  7. zane80

    zane80 Recruit

    Joined:
    Sep 18, 2013
    Messages:
    7
    Likes Received:
    0
    Most likely it will reach SL instead and probably TP in Nov or after that. Well, always a risk to follow others signal. Cheers.
     
  8. Jyotiprakash Pal

    Jyotiprakash Pal Sergeant

    Joined:
    Jul 5, 2010
    Messages:
    225
    Likes Received:
    7
    you look so frustrated ...... :( think positive ... its a very Good call .. i will try selling 95.38 with 30 pip stoploss and follow Jarat Target .... :rolleyes:and i know it will hit the target ... :rolleyes:
     
  9. Marketjoy Trader

    Marketjoy Trader Private, 1st Class

    Joined:
    May 12, 2010
    Messages:
    81
    Likes Received:
    0
    thanks Jarratt,
    i sent a PM to you as regards the trade.
    rgds
     
  10. flashking71

    flashking71 Private

    Joined:
    Jul 29, 2010
    Messages:
    13
    Likes Received:
    0
    Thanks, really appreciate the response
     

Share This Page