MrThomas

AUDCAD - good entry for a long setup

Long
MrThomas Updated   
FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
7
hello guys. now we look the pair audcad. the pair is still dirty in the chart but we have good point to start a long trade. not now but we can concentrate in a smaller timeframe to watch what will happen in a zone until 1.00271 on the pricelist of jfd brokers. it is possible that we take a dip nearly at 1.00382. look there what will happen at this zone. i'll take a first small call and is the price under 1.00382 so i'll take my second small call. the motto. small calls with big profit. stay tuned & good trades.
Trade active:
1. small call is active
Trade active:
2. small call is active
Comment:
this setup for the bottom-fishing-strategy is finish because the price dipped a important zone. so that is possible that the the price is falling. i close 1 trade and the second trade is the sl to the entry.
Trade closed manually:
setup finish.
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