Thread: Usd/Cad
usd -cad currently up trend should end around 1.0487 - 1.0473 area a correction down below 1.0423 is expected a rise above 1.0492 will abort the expected correction
support and resistances
res2 1.0492
res1 1.0473
piovt 1.0.440
sup1 1.0423
sup2 1.0392
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Pair : USDCAD
Updated : Mon, Oct 28 04:42
price : 1.0447
movement : -2.8 Pips
movement : -0.03%
Support : 1.0389
Pivot : 1.0439
Resistance : 1.0490
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hi
we can see in the 1d chart
the pair will go up to fibo 50.0
I see the pair will go to up way to 1.0389
stochastic refers that the pair will go up
so our target buy from 1.0307 and our target will 82pips
Good luck
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Hi All,
My preferance for USD/CAD for tomorrow is to buy from 1.0449 and to stop loss at 1.0399,
first take profit is at 1.0499 and second at 1.0549.
God Be with you in trading
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Price has rallied after making a new low at 1.0213 and now i would like to see a break above 1.0474 and then 1.0620 to confirm the bottom and long term uptrend should start again very soon but we should not break below 1.0385 in any case as it will mean that another downleg can be seen
regards
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Hi All,
My preferance for USD/CAD for this week is to buy from 1.0449 and to stop loss at 1.0349,
first take profit is at 1.0549 and second at 1.0649.
God Be with you in trading
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
hi
PAIR : USDCAD
i see the pair go dawn
i will sell from 1.0420
my stop loss 60 pips
my profit1 today: 1.0400
my profit2 today: 1.0350
good luck
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This is a nice Gartley on a daily USD/CAD chart. There is also the beginning of a channel that I drew using Andrews Pitch Fork. If USD/CAD reaches "D" I will look on lower time frame for a pattern or reason to enter that can give me a lower risk trade with a large profit potential. Do you see the Bat just before this Gartley that worked?
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Standart Pivot Point - Support - Resistance
Update: 26 Oct 2013 05:05
Time Frame : Daily
PAIR : USDCAD
LOW : 1.0365
HIGH : 1.0437
CLOSE : 1.0418
S3 : 1.0304
S2 : 1.0335
S1 : 1.0376
Pivot : 1.0407
R1 : 1.0448
R2 : 1.0479
R3 : 1.052
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time chart = 15 min
RSI14= sell
MACD =buy
A D X=sell
so i will sell at 1.0470
sl: 1.0490
tp: 1.0450
good luck
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