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GasperiniGS
Nov 22, 2016 11:30 PM

AUDCAD analysis Short

Australian Dollar/Canadian DollarFXCM

Description

I cannot trade this. there are no place for me to place stops in this time frame and there is no immediate structure looking left. It is too aggressive for me at this point in my journey.

However, I do like this setup, and I wanted to share it with you guys.
It's basically looking at an over-extended market and sell it for a continuation of the underlying trend.
Comments
Akil_Stokes
Nice looking chart!!
GasperiniGS
@Akil_Stokes, Thanks coach!!
PA-FX
Very nice! can you just let it hit my TP first please? :D

GasperiniGS
@abozahra, haha Sorry man, too late. I already made the call
GasperiniGS
@abozahra, BOOM, congrats on that second tg! I was wrong on this one
PA-FX
@GasperiniGS, Thx bud! you did a great analyses that's why i had my TP at that area coz i was thinking it may reverse and continue the trend. So my friend you did it all right :) it will reverse but when is the question :)
GasperiniGS
@abozahra, If it does, I hope we get an opportunity to get in!
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