CADJPY  Weekly Decision  Its Time…

Trading Consultants Inc. always begins with the monthly chart shown as a line chart. We ask .”Is the price of the pair rising failing or trending on the monthly time frame? ” Our process is based on understanding the “whales” of the currency wars. Only whales can determine direction over the longer term as decisions on price are made in the secret meeting of G7 G20 IMF and the other private banks. On Oct 1-2 Our team conducted our analysis for all our pairs and CFD’s . We conclude that about 50% of our pairs are eligible to trade.  This number makes the weekly and daily work we do more manageable. During Oct we concluded that CADJPY had two answers  as we proceed you will see those answers revealed.

Our process is based on understanding the “whales” of the currency wars. Only “whales” can determine direction over the longer term as decisions on price are made in the secret meeting of G7, G20, IMF, and the other private banks. On Oct 1-2 Our team conducted our analysis for all our pairs and CFD’s . We conclude that about 50% of our pairs are eligible to trade.  This number makes the weekly and daily work we do more manageable. During Oct we concluded that CADJPY had two answers  as we proceed you will see those answers revealed.

We typically conclude that about 50% of our  followed pairs are eligible to trade.  This number makes the weekly and daily work we do more manageable. During Oct we concluded that CADJPY had two answers  as we proceed you will see those answers revealed.

This number makes the weekly and daily work we do more manageable. During Oct we concluded that CADJPY had two answers  as we proceed you will see those answers revealed.

During Oct we concluded that CADJPY had two answers  as we proceed you will see those answers revealed.

Step 1  Identify Trend  We see a long term and a dramatic intermediate term.

CADJPY Monthly Line Chart
CADJPY Monthly Line Chart showing 2 trends 

Step 2  Confirm answer and seek PA for entry  This chart confirms 2 candle PA from a fresh zone as our indicator alerts us the formation of the Demand  and price has now begun it travel downward.

CADJPY Weekly
CADJPY Weekly

The H4 Chart appears to have given us a series of zones to have traded ( Keep in mind our account could be filled with open trades to max exposure or we could see things to the left that cause is to wait to minimize risk.

cadjpyh4-2016-10-22-10_52_27
CADJPY H4 did we miss the trade on 10/18

The weekly daily and H4 charts confirm the shorter trend from monthly downward.

cadjpydaily-2016-10-22-11_02_10-the-trade-should-have-been-made-here-02

Sell and target about 76.

cadjpydaily-2016-10-22-11_02_10-the-trade-should-have-been-made-here

Trade executed 10/24 6:34 AM Our broker is 7 hours ahead thus the 13:34  time stamp.

 

CadJPY Daily Engulf Continuation
CadJPY Daily Engulf Continuation

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