USD/CAD

Oh million thanks Forexia ~! Regards for you

After looking at the chart more, I would stay for one more candle and then close or at least prepare to close the position at the close or any significant low.

I am testing out a new strategy. Let's see how it works out.

Good luck!

Thank you again , I am waiting for a little move down more,
+190 pips ~!~~~~ 150 pips lucked

closed with 210 pips totally.

Congrats Naseri...
Now Loonie is clearly on course for a breakout

ha3, congrats nasery, i will hope this pair to reverse since i put a lot of bomb mine while this pair is dropping. i will heavily long this pair at 1.0200 or 1.0170.....hope it come soon.

You think it'll trace back down or was 1.0220 the lowest?

i dont know also. but i'm sure this allready near to the reversal point.

so you think it'll go up from here then

i hope so(i'm not so sure it will be rebound from this level). i already take a position at 1.0257. offcourse with a risk management because there is a chance for this pair to break 1.01xx level again. so if this pair reverse now i would net be left by it. or at the worst case if this pair continue to 1.01xx level i would able to open more position to take more profit.... happy trading everyone.

CAD 240

wow, thanks for the chart. Is that esignal?

Once again I jumped the gun.

Will take the scalp.

If things for the most part stay the same---will go heavy Long between 1.0208---1.02219.

this pair pressed to 1.02xx again. will wait this pair to break 1.01xx, i will heavily long this pair arround 1.0120 hopefully it reach that level soon.

Yes Advanced get Esignal

exit mt Short from 1.029 from this morning and a cant see myself taking another Short on this Pai for awhile.

Thinking heavy Long @ 1.02 or a hair above.

@hound: will reach that level soon i think. my fib "0.5" is at 1.0241 and "0.618" is at 1.0132(daily trend) so wait for that level to come by sit and drink cofee and enjoy life.....

It is no way getting for me these levels on my fibs, how are you placing fib lines ? can you place chart here ?

USDx is on hold sitting on bullish TL. Some bullish divergences there indicating a hort term bullish bias at least for a few days. Also a rather big gap above.

A few bullish divergences here on loonie too. Price rejected by support at 1.0205.

A TL break with stops below todays low was a green for a long. However, swap made me stay out.

Short term targets for bullish divergences:

m1: 1.0232
m5: 1.0270

There is also an H4 divergence which I doubt will be fulfilled just about now. H4 target would be at 1.0388.

Here is my m5 chart with the target for it being the white dotted line.

Cheers and safe trading,

JP.

Same 4 H chart on the way to hit the BLue Pink area (R) before reversal around 10154 to 10083.