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glennmercer glennmercer PRO USDCAD, 240, Long ,
USDCAD: USDCAD: Key Levels to Watch for Potential Entry
229 0 13
USDCAD, 240 Long
USDCAD: Key Levels to Watch for Potential Entry

Mornin' traders! There are a couple of key levels to watch here on USDCAD. The most important of which to me is the 1.284 area. Before taking a long position I want to see price close the weekend gap and touch the unhit daily pivot for Friday. Since a higher low was created from a bullish impulse, I will be looking for bullish price action (pinbars, engulfing ...

frankiev2 frankiev2 EURUSD, 120, Short ,
EURUSD: Bull trend ended?
101 2 4
EURUSD, 120 Short
Bull trend ended?

So friday gave us NFP and as usual we got the pump and dump action before. But in my view we actually got faked out already on thursday in preparation for a much better NFP, but that did not happen and bears got caught. Anyway, we did get a positive dollar reaction even though dollar got hit badly friday a bad EUR did not make it worse. On the hourly we did get ...

kwaziphungula kwaziphungula CADJPY, D, Long ,
CADJPY: CADJPY : Long Opportunity
48 1 0
CADJPY, D Long
CADJPY : Long Opportunity

A confluence of Fibonacci and support line around a harmonic pattern spells a long opportunity. The price may try to reach a Fibonacci level of 127.2% at 85.76 but fail since it is seriously oversold. For those who can't wait for the formation to complete as indicated on the chart, wait for at least 87.5 to break set stop a few pips below 85.76

microtrends microtrends PRO USOIL, 30, Long ,
USOIL: MT Daily Pivots
263 2 4
USOIL, 30 Long
MT Daily Pivots

MT Daily Pivots indicator lets you see the market pivot points clearly using a proprietary statistical range and Fibonacci formula - which also allows you to chose from a choice of pivot point starting places, from the standard, open, prior close and others. Also using a statistical % evaluation of the market range the pivot points can also be adjusted to show a ...

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