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IvanLabrie
4 Mac 2015 pukul 11.28

EURCAD: Potential weekly trade Singkat

Euro Fx/Canadian DollarFXCM

Huraian

Price seems headed for an AB=CD completion down.
For this trade to be valid, price needs to stay this whole week under 1.41559.
Once that's done, we can expect it to travel as forecasted and reach either of the targets in the specified time.
If it doesn't then we might see a reversal, but for the time being I suggest short.

Dagangan ditutup: hentian tercapai

Profitable trade.
Komen
CryptoPAMM
completely agree on the idea, both eurcad and gbpcad are looking very bearish.. here is my view on gbpcad tradingview.com/v/qmje2VrA/
IvanLabrie
Indeed, it's fairly likely to see a downtrend continuation in gbpcad as well.
I'm waiting for a retrace in Euro pairs though, they are too overextended to scale in yet.
CryptoPAMM
true, but CAD is feeling very strong
IvanLabrie
Stronger than the Euro for sure, but if we see bad labor data and a crude downtrend continuation, I'll short cadjpy, for example.
CryptoPAMM
I got idea on WTI if you interested, loooks already down tradingview.com/v/ajD65i7t/
timwest
Nice catch
IvanLabrie
Thanks!
IvanLabrie


Taking a long now, to then short from the top. ATR based stop.
Time expires tomorrow, and it'll go ballistic, up.
IvanLabrie
Potential retracement time, will give a good short opportunity when we reach the 1.345-1.365 region.
IvanLabrie
Conservative target should be relatively easy to hit.

Entry as follows:

Lebih