darian_fx
Short

EURCAD: Daily SwingTrade

FX:EURCAD   Euro / Canadian Dollar
Happy Sunday Traders,
We are looking at the EURCAD in the daily chart . Who remembers my last idea about GBPCAD ?
EURCAD is pretty much looking the same right now. We are in a daily downtrend along the trend line , price touched it often in the last days. On Friday there were CAD News which was strong for the Canadian Dollar so we saw every XXX/CAD pair falling, means the trend is holding. We are waiting for another move up near the line to enter the short position. We will keep you updated.
Wishing everyone a good trading week.
Sep 24
Trade active: Price reached zone - short.
Sep 25
Trade active: Nice fake out in the daily there. We are still in.
Oct 01
Trade closed: target reached: After a fake out we re-entered the trade and hit our take profit.
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