FX:AUDCAD   Australian Dollar/Canadian Dollar
53 8 7
Watching this for a kill.
It's coiling up like a spring, soon to be released.
Would go in when the signal comes up

New Rules:

Setups
daily and weekly.

Trade Entry
Daily/4H Signals

Trade management
Check Trades only at end of day, NY Closes.

Baby Sitting Trades, hour by hour often leads to exiting profitable trades prematurely.
If you didnt take this trade, price is offering a second chance short at a successful detach from 0.93300, a 4H key level
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moorekapital moorekapital
We are sure to test the bottom below w/ a great deal of patience ;).
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moorekapital moorekapital
Talking of patience, Now, I ask myself......" WOULD THE MARKET GO UP INSTEAD OF ITS DOWN COURSE , JUST BECAUSE I EXITED AND BOLTED WITH MY FEW BUCKS????? hahahah. This helps me to stay the trade. That devil will play games with your mind, but "the spirit of mental toughness" will also be speaking softly to you: " hold on............hold on..........hold on..........hold on some more"
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Took this trade on my my Fund. Looking to turn it into a home run: https://moorekapital-gmail.tinytake.com/sf/MzA5OTEzXzE4NDIxNTM
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I Short this thing with two bullets: (1) @ 94384 -and other- (2) @ 95108. REASON = Trend is still down. I think that this market should continue lower despite the fact that the situation seems a deadlock. CAD looks getting beaten by USD, due to the oil Factor. AUD showed some strength against USD last week, but still remains in a down trend( Down TL was broken last week) but I'm yet to see a realistic buying pressure(fewer bars and less convincing follow through) to make me go long further from here. CONCLUSION = AUDCAD IS RANGE BOUND.
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Great.
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