A nice potential set up to ponder for the weekend, is EUR/CAD. Hit the upper BB yesterday, spiked through it again today and is currently trading below the SMA5 and looks likely to close below - time will tell. The kicker is, the Weekly candle has also gone through the upper BB, and retreated. Going through the upper or lower BBs have high probability of reversal, cheers M
- Post #2,722
- Quote
- Sep 16, 2016 12:21pm Sep 16, 2016 12:21pm
- Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,736 Posts
- Post #2,723
- Quote
- Sep 16, 2016 12:25pm Sep 16, 2016 12:25pm
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,535 Posts
- Post #2,724
- Quote
- Sep 16, 2016 12:30pm Sep 16, 2016 12:30pm
- | Membership Revoked | Joined Mar 2016 | 1,615 Posts
- Post #2,726
- Quote
- Sep 16, 2016 1:12pm Sep 16, 2016 1:12pm
- | Joined Sep 2016 | Status: Member | 72 Posts
- Post #2,727
- Quote
- Sep 16, 2016 1:14pm Sep 16, 2016 1:14pm
- | Joined Aug 2016 | Status: Member | 32 Posts
- Post #2,729
- Quote
- Sep 16, 2016 1:16pm Sep 16, 2016 1:16pm
- | Joined Sep 2016 | Status: Member | 72 Posts
- Post #2,730
- Quote
- Sep 16, 2016 1:19pm Sep 16, 2016 1:19pm
Human beings are members of a whole, In creation of one essence and sol.
- Post #2,731
- Quote
- Sep 16, 2016 1:25pm Sep 16, 2016 1:25pm
- | Joined Aug 2016 | Status: Member | 32 Posts
- Post #2,733
- Quote
- Sep 16, 2016 1:57pm Sep 16, 2016 1:57pm
- | Joined Sep 2012 | Status: Member | 285 Posts
- Post #2,737
- Quote
- Sep 16, 2016 2:19pm Sep 16, 2016 2:19pm
- | Joined Sep 2016 | Status: Member | 72 Posts
- Post #2,738
- Quote
- Sep 16, 2016 2:22pm Sep 16, 2016 2:22pm
- Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,736 Posts
- Post #2,739
- Quote
- Sep 16, 2016 2:23pm Sep 16, 2016 2:23pm
- Joined May 2008 | Status: Member | 1,158 Posts
- Post #2,740
- Quote
- Sep 16, 2016 2:24pm Sep 16, 2016 2:24pm
- | Joined Sep 2012 | Status: Member | 285 Posts