My analysist for usdcad today,04 july 2013 using pivot point strategy
buy stop 1.0525 tp 1.0545 sl 1.0465
sell stop 1.0485 tp 1.0465 sl 1.0545
happy enjoy trading...
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My analysist for usdcad today,04 july 2013 using pivot point strategy
buy stop 1.0525 tp 1.0545 sl 1.0465
sell stop 1.0485 tp 1.0465 sl 1.0545
happy enjoy trading...
Usd/cad analysis for 07.04.2013 by using pivot indicator.
r3: 1.0605
r2: 1.0584
r1: 1.0544
pivot: 1.0523
s1: 1.0483
s2: 1.0462
s3: 1.0422
time frame- H1
the price break the channel pattern at the support side and pivot point at 1.0523. it is rejected form the resistance at 1.0550. the price may be make a pull back so we can take short entry. the price will try to move at the support 1.0462. short with stop lloss at 1.0555
good luck
today i like to sell this pair @ 1.0535
my stop loss of the day @ 1.0556
half take profit for today @ 1.0515
and further half take profit @ 1.0490
USD/CAD pair is now up trend. The price already touch daily pivot point (1.05228). I think the price may touch daily resistance 1 level (1.05444).
http://i1311.photobucket.com/albums/...ps92d31236.jpg
The pair demonstrated a clear retreat from the 200 MA (District 0500 strong figure) and now forms the northern wave, the Bears are still weak, is working out a buy signal, MACD, on the daily chart, the main trend is still north and it seems to be resumed again, the goal of 0575 - the annual maximum .
Bears failed to break through the sliding become blue alligator-from her and there was a few hours ago, the northern lights out, there is a resumption of the northern trend against which it is better not to go, waiting for my entry point, I think there is every chance in the usd / cad break through 0575 (fractal upper zone) and get to a new yearly high.
Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 1.0454
I expect from this analyze that the price will go to down way
so sell from 1.0510 to 1.0454
good luck
elliott flat correction down 1.0447 it looks more likely that it would rise to 1.0545 - 1.0586 from 1.0504 or 1.0484 after which a down side move is expected
support and resistances
res2 1.0586
res1 1.0545
piovt 1..0525
sup1 1.0484
sup2 1.0463
My analysist for usdcad today,05 july 2013 using pivot point strategy
daily pivot point 1.0514
buy stop 1.0534 tp 1.0554 sl 1.0474
sell stop 1.0494 tp 1.0474 sl 1.0554
happy enjoy trading...