"To hold, you must first open your hand. Let go." - Lao Tzu
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A "Classic" CAD/CHF Set-up with a Modern Trigger
Markets will periodically cycle through phases of extreme profitability liberally interspersed with times of prevailing inaction. The latter condition appears to be ruling today. At the time of writing near the London open, only one trade of interest is occurring in the FX cross pairs, and that in itself sends up a warning signal. Although this CADCHF set-up is, in a sense, a “textbook” trade opportunity, it is worth using some caution, as the broader market is still uncertain. The daily chart of CADCHF below has begun a familiar interaction with a pair of declining lines of resistance and has already broken out ... (full story)
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- Mar 26, 2014 2:10pm Mar 26, 2014 2:10pm
- vox dei
- Joined Aug 2010 | Status: Chaos is a ladder | 265 Comments
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- Mar 26, 2014 3:20pm Mar 26, 2014 3:20pm
- arenoosh
- | Commercial Member | Joined Jun 2012 | 115 Comments
Buy when everyone else is selling and sell when everyone else is buying !
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- Mar 26, 2014 10:12pm Mar 26, 2014 10:12pm
- vox dei
- Joined Aug 2010 | Status: Chaos is a ladder | 265 Comments
"To hold, you must first open your hand. Let go." - Lao Tzu
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- Apr 7, 2014 5:48am Apr 7, 2014 5:48am
- skyhok
- Joined Feb 2014 | Status: Member | 1 Comment
Elliott Wave for optimum entry, exit and risk management of trades
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- Apr 24, 2016 1:15pm Apr 24, 2016 1:15pm
- Greenspanke
- | Joined Jan 2007 | Status: Member | 1 Comment
I read and watch to learn.