UsdCad update 19 apr 2016

FX:USDCAD   U.S. Dollar / Canadian Dollar
948 17 22
long for long time.
Trade active:

Agree. It was a clear accumulation for the past few days.
+1 Reply
very nice analysis
Saravan PooyaSalehipour
Thanks buddy. Yours too.
May is a good month for the dollar, after the recent increases in oil prices, now would be a correction. The dollar may always strengthened to most currencies. Very good idea. Last year, the USD / CAD in May 3.12%, 2014 years -1.06%, 2013 + 3%, 2012 + 4.62% up. The US dollar will be strong in May.
+1 Reply
PooyaSalehipour RobertPapon
thanks for the comment.
+1 Reply
also bullish on UC. check my idea :)
+1 Reply
Why enter so early? You made the chart. Why not enter when it's right at support? Less money to risk and more that you stand to gain.
+1 Reply
PooyaSalehipour thesmallerone
thanks for the comment. because the smart buyer are waiting for buy step by step. so we start early.
thesmallerone PooyaSalehipour
Take offense at this or not but that just isn't a smart thing to do in my opinion. If the trade turns south you lose a lot more than what you would have if you waited. If the trade works out, you lose a lot more money that you really shouldn't have. I think that it is best to be patient. Money management is much more important than any sort of analysis.
+1 Reply
PooyaSalehipour thesmallerone
you dont know anythings about my trading strategy, i have open order with %0.5 Risk in money management without stoplose. so, i dont worry and dont matter about what's going on for next. then, i close my eye's and enter. if you looking to my chart this is Daily chart and i dont scalping.
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