Usd/Cad

[arjun]

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

[s19]

this pair now at the resistance and up trend line level..i thing now this is going down
see the chart

[Victoryindia]

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.

[arjun]

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

[arjun]

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.

[s19]

as i say in my previous post that now uptrend expected after touch low trend line-
results-



its hit my tp and go more then my idea...or mujhe lagataa hai next week ye up trend line ko break kregaa....

[Victoryindia]

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.

[arjun]

after all this time I waited, finally opened a special forum of India. This analysis will be a learning day for me. so, if there is follow my analysis, the risk in the responsibilities of each trader.

marbels do exist, but are under the line of 0, and tends to bounce down.
trends that place is still confusing, think I better put up the LIMIT SELL at its highest point ever.

[Victoryindia]

The current trend downward trend and target 0.9700 and then 0.9670 stop loss 0.9775, even if the price went to the highest point breakers 0.9775, the trend is turn to the upside targeting 0.9807 then 0.9830

[s19]

Thats the perfect entrance and also 0.97 level also some what good position but i don't think it will hit the bottom trend line

update-

yes nilu you are right its touch bottom trend line as you say



now up trend expected...we can enter 0.9765 price level and target is 0.9793