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How to learn forex trading currency pair CADJPY
Patience, as a necessary traders skill, can bring you profit over time.
It is rare to see on a currency pair chart how the price moves in a technical analysis pattern called a flag. This is a continuation pattern of the main trend. Therefore, you can count on the implementation of a forex trading strategy for such cases. To make money, even for a beginner forex trader, you need to wait for the flag support level to be broken. You can take profits at an uneven support level.
Symbol: CADJPY
Order Type: Pending Order - Sell Stop
Entry Price at 104.50
Take Profit at 104.00
Pips Earning: 50
Trading options for beginners:
EURUSD sell at the price of 0.9535
USDJPY buy at the price of 145.00
GBPUSD sell at the price of 1.0540
USDCHF buy at the price of 0.9965