The pair succeeded to break the downtrend channel and now the retest to the trend line is completed. So up movement is expected targeting 0.9823.
But if the price able to break 0.9751, we may see bearish again of this pair.
Printable View
The pair succeeded to break the downtrend channel and now the retest to the trend line is completed. So up movement is expected targeting 0.9823.
But if the price able to break 0.9751, we may see bearish again of this pair.
as i say in my previous post that now uptrend expected after touch low trend line-
results-
http://i54.tinypic.com/2ak9zl5.gif
its hit my tp and go more then my idea...or mujhe lagataa hai next week ye up trend line ko break kregaa....
http://i1123.photobucket.com/albums/...1110-28-20.png
I do not like these pairs, not because of a loss, but it is hard to guess at. frequent movement back and forth, nmengikuti kesulita indicator movement.
Trend formed:
Current price 0.9893. I 've spent a good moment. toward the line where the price was high sma5 h4. but no matter. pending orders we put in the same place. who knows the price back there again.
Position For Order:
Position 1 ==> buy limit @0.9869
Position 2 ==> buy limit @0.9849
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...1118-38-42.png
USDCAD seems to reverse now and start uptrending leaving the downward trend behind. But be aware, we are touching a strong level Fib 50% and 200 EMA.
If we break this level I assume entering long positions could be really profitable.
this pair now at the resistance and up trend line level..i thing now this is going down
see the chart
http://i51.tinypic.com/10pskqu.gif
Trend formed:
Current price @ 0.9857. This is a good moment because the price is experiencing a correction. I think the price will reverse at low sma5 h4. pending orders we put there. the first buylimit position, experienced loss, but if today's price moves upward then the position will turn into profit.
Position For Order:
Position 1 ==> buy limit @ 0.9853
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...0115-34-31.png
The pair is in downtrend so down movement until 0.9800 is expected. But if price able to break 0.9885, we'd see up movement hitting 0.9945,
i made +64pips profit
now this pair trying to come down..one it go up after touching its weekly resistance level if this cross 0.9840 price level we can put our sell order with 0.9822 tp
http://i52.tinypic.com/20atgth.gif
The trading range for today is among to the major support @ 0.9785 and the key of resistance @ 0.99.
The general over short term is to the downside targeting 0.98 as far as area of 0.9785 .