• Managed Accounts
  • Trusted Brokers
  • Blog
  • Forex Forum

Announcement

Collapse
No announcement yet.

USDCAD 4h

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • USDCAD 4h

    usdcadvh4.jpg

    Hey guys, thought i'd get the ball rolling and post a possible set up i am watching out for.

    Looking for a long entry here at the C Fib retreacement level, entry long at 1.02019 and hopeing to ride it all the way to the -38.2 extension?

    May take a while to set up... if it sets up at all?

    Ant thoughts or comments on this would be most welcomed :-)

  • #2
    Originally posted by iannai69 View Post
    [ATTACH=CONFIG]2[/ATTACH]

    Hey guys, thought i'd get the ball rolling and post a possible set up i am watching out for.

    Looking for a long entry here at the C Fib retreacement level, entry long at 1.02019 and hopeing to ride it all the way to the -38.2 extension?

    May take a while to set up... if it sets up at all?

    Ant thoughts or comments on this would be most welcomed :-)
    Pretty nice, as it has turned out...

    Comment


    • #3
      The USD/CAD seems to change the direction right at the moment and it will be going down any minute. I believe the bears should open their deals right now with target at the level of 1.3100.

      Comment


      • #4
        The USD/CAD is rising up at the moment, but it waves too often to form an up trend, so I'm going to open a sell today.

        Comment


        • #5
          The USD/CAD is going down literally vertically. I don't really think it will stop very soon, cause it have broken the support already, so all we can do here today is to sell.

          Comment


          • #6
            I would just leave it alone, why not trade something that isn't ranging.

            Comment


            • #7
              The USD/CAD ended the week at the level of 1.3332. I guess there will be a down gap at the opening of the market and forming of a general down-trend after that.

              Comment

              Working...
              X