Usd/Cad

date : 10/12/2013
frame : h1
i add my order buy at: 1.0635

take profit today : 1.0690
sl today is : 1.0560
good luck

I use scalping strategies on this currency pairs Usd/Cad so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.064 then also there are some indicators that I use as the Bollinger Bands is BREAK HIGH, ADX is DOWN TREND, Stochastic is DOWN TREND.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order SELL at current market at 04:02 and use a stop loss and take profit of 80 pips
is the take profit at 1.061 and stop loss at 1.067

analysis for today 12 / 10 / 2013
My daily trading,I hope the day is a success ...
USD/CAD (Daily Trade)

Resistance : R1 1.0701 R2 1.0726 R3 1.0746 R4 1.0776
Support : S1 1.0567 S2 1.0542 S3 1.0522 S4 1.0492

Open : 1.0626
High : 1.0642
Low : 1.0626
Range : 16 Pips
Running Price : 1.0640

For intraday trade today suggest SELL at the level 1.0640 stop loss at the level 1.0701 target take profit at the level 1.0522 or at the level 1.0492

Today 10/12/2013
Resistance and Support
R3: 1.0698
R2: 1.0679
R1: 1.0658
Pivots: 1.0630
S1: 1.0612
S2: 1.0590
S3: 1.0563

Daily analysis for USDCAD, elongated flat correction down 1.0571 close to daily pivot point 1.0641

Elliott 1.0706
Closing 1.0627
Ex-Low 1.0626
Ex-High 1.0670

Support 1 1.0611
Support 2 1.0596
Resistance 1 1.0655
Resistance 2 1.0684

Today's 10th Dec, 2013 trading analysis. USDCAD in 4H chart shows bearish trend. The price is below the pivot point and going toward the first support level 1.06107. If it breaks then the next strong support level is 1.05388. Short below the pivot point and the target of take profit 1.06107 next 1.05961.

Pivot: 1.06393

Resistance levels

R1 1.06539
R2 1.06825
R3 1.06971
R4 1.07116

Support levels

S1 1.06107
S2 1.05961
S3 1.05675
S4 1.05388

Attachment 9710

Attachment 9715
TECHNICAL ANALYSIS
USDCAD

TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BEARISH
MACD "30/60/30" : BEARISH

TREND: BEARISH

Standard pivots

R3 1.06988
R2 1.06838
R1 1.06542
PIVOT 1.06392
S1 1.06096
S2 1.05946
S3 1.05650
http://www7.0zz0.com/2013/12/10/08/555659917.png

http://charts.mql5.com/3/289/usdcadr...rectdealer.png
Date: 10-12-2013
Time frame: 1h
High and low prices
High today is: 1.0644
Low today is: 1.0625
Total pips today: 19
So buy from: 1.0643
Our target 1 is: 1.0667
Our target 2 is: 1.0689

camarilla levels today


W-R 38% @ 1.06931

WP @ 1.06576

W-S 38% @ 1.06221

W-S 100% @ 1.05643

W-S 138% @ 1.05288



order buy @ 1.06342
http://www4.0zz0.com/2013/12/10/09/816407055.png