Usd/Cad

[arjun]

prices began to fall after touching the line ema62 h4.
and I think prices will fall still continues.
all positions are still valid and I will let floting until tomorrow morning.

http://i1123.photobucket.com/albums/...0116-01-53.png

[Victoryindia]

I think the pair is still influenced by a downtrend. I am pretty sure it is going to go down today. Or at least before the week is over. On the weekly chart the trend is still strong downwards.

[arjun]

all the positions that we put in my opinion is still valid,
down trend seems to have changed. we leave it alone first.
if you dare to take risks, you can open the position up,
with the restriction that I can place a limit sell.

http://i1123.photobucket.com/albums/...0116-05-50.png

[arjun]

prices are still trying to go up but still not too strong.
pending order I move slightly downward.
I added a sell limit, because I do not want menyiakan this good opportunity.

sell limit 1 @ 0.9638
sell limit 2 @ 0.9658
sell limit 3 @ 0.9679

http://i1123.photobucket.com/albums/...0115-58-33.png

[arjun]

no one sell position who touched.
we move the pending orders. price should have corrections first,
so that we executed pending orders.

sell limit 1 @ 0.9634
sell limit 2 @ 0.9670

http://i1123.photobucket.com/albums/...0116-04-00.png

[arjun]

pairs are hard to guess at. character usually moves back and forth,
but today the unity candle moving direction. although not profitable is important we do not loss.
for the future, we still follow the trend of sell, always use a pending order.

http://i1123.photobucket.com/albums/...0115-51-17.png

[Victoryindia]

The pair on its strong bearish condition.But a clear break of the yellow downtrend line with the mark sign will trigger a bullish movement targeting .9700

Major trend : down
Minor trend : down

[arjun]

Evaluation
no position is executed.
trend changed to trend down, candle in tf d1 heiken very long.
I expect, will trend down a bit longer.

Position For Order:
sell limit 1 @ 0.9684
sell limit 2 @ 0.9716

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.

Image link:
http://i1123.photobucket.com/albums/...0117-45-00.png

[mostafa abdelwahab]

The trading rang for today is among the major support @ 0.96 and the key of resistance @ 0.9705.
The general over short term basis is to the downside targeting 0.96 as far as area of 0.9520 .

[Victoryindia]

The pair is in downtrend so down movement until 0.9625. But if price able to break 0.9720, we'd see up movement hitting 0.9825