Forex Day Trading Strategy - Live Profit Analysis on CAD/JPY | Easy Strategy for Beginners

Welcome to this live Forex day trading session, where we dive into the intricacies of the CAD/JPY currency pair. Join me as we explore a straightforward strategy aimed at achieving a 50 Quid profit. No Lambos or Mansions here, just real trading insights.

In this video:

Market Analysis: We break down the CAD/JPY pair, discussing market picks, ATR (Average True Range), and news announcements. Join our Discord group for more in-depth discussions and analysis.

Daily Chart Analysis: Explore the daily chart to understand the trend direction, set boundaries, and identify potential levels based on the last compression point and fib retracement.

Live Trade Order: Witness a live trade order placement for 50 Quid, with a target profit of 50 Quid. Learn the art of setting entry and exit points using technical analysis.

Results: Check in during a live meeting to see how the trade is progressing. In this session, we successfully achieved the desired profit, demonstrating the effectiveness of the strategy.

Whether you're a seasoned trader or just starting, this video provides valuable insights into Forex day trading. If you enjoyed the content, don't forget to hit the like button, subscribe for more, and join the conversation in our active Discord community

See below for useful links and my contact details

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▶RECOMMENDED BROKERS & PROP

✅ The5ers Prop Fund : https://the5ers.com/?ref=7750 (5% Discount with link)

🛠️ Forex Broker (Black Bull) : https://go.blackbullmarkets.com/visit/?bta=36326&brand=blackbull&utm_campaign=YT

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🛠️ RECOMMENDED TRADING Resources
Trading Journal : https://www.tradersync.com/?ref=scruffy (Try Free)
Trading Chart (Tradingview) : https://www.tradingview.com/?aff_id=21579 (FREE)

Good Books on Trading & equipment I use : https://www.amazon.co.uk/shop/thescruffytrader

Disclaimer

I do not sell signals or give any advice on which trade to take, the videos are my personal opinion.

Please do your own research & never trade with money you cannot afford to lose as the fail rate in the industry is very high

The Scruffy Trader is not a financial adviser, he does not provide legal, tax or accounting advice. You should consult your own legal/tax advisers before making any financial decisions.
This video is for entertainment purpose only & some links may be affiliated which may pay the channel a small commission that has no impact on any of your personal purchases or costs to you. Also note The Scruffy Trader is not responsible for any trades or losses that you made. Trading involves substantial risk of loss and is not suitable for everyone.

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