tntsunrise
Short

USDCAD Sell this wedge

FX:USDCAD   U.S. Dollar/Canadian Dollar
3679 38 102
a year ago
After a Gartley Pattern
USDCAD             makes a higher high
However, it rallys too fast.
Sell this Wedge
a big correction will happen after
this wedge broken
TP1: 1.4560
TP2: 1.4430
a year ago
Comment: QUITE NICE REVERSAL
Wedge broken
a year ago
Comment: 200 pips already.
a year ago
Comment: 1st target hit. 2nd target going to hit as well
a year ago
Comment: TP 2 HIT
a year ago
Comment: still holding my rest position. i think 1.4650 will be the pivot for the whole year.
i will keep this risk free trade and hold as much as i want.
weekly chart shows usdcad may go back to 1.34
a year ago
Comment: 500 pips in profit
a year ago
Trade closed manually: Closed all position at 1.3200, This trade is very profitable!
1.4650-1.3200: that is 1450 pips
Congratulations for those trader who can be so patient and hold the short position
untill now.
If you are one of them, pls reply +1 so that I can see who are the patient hunter :)
a year ago
Comment:
USDCAD Trading Review : Patient Pays

are you patient enough?
Join Projack's Student Group, Learn How to Trade Professionally.
http://www.harmonicasia.com/index/course.html
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jhakas
a year ago
crazy ucad... going above 1.4655 will be again bullish lets see... good entry to short..
Reply
balaji2309
a year ago
Nice Setup. Good and Thanks. How to like. sorry i am new here
Reply
tntsunrise TOP balaji2309
a year ago
thank you. you can click the thumb button
Reply
bride85 PRO
a year ago
what will happen to this pair if the fundamental side continues to worse for the CAD? tomorrow's rate decision and oil keep pressing lower.....
Reply
tntsunrise TOP bride85
a year ago
if cut rate. USDCAD will go 1.4950
Reply
jhakas tntsunrise
a year ago
I dare to say.. i see ucad going for 1.52 as per monthly chart..
Reply
tntsunrise TOP jhakas
a year ago
Good View. you can tp at 1.50 if you holding long position. this is an hourly chart, we can still short after this wedge breaks
Reply
jhakas tntsunrise
a year ago
i am already out from long.. now short.. i think buy on retracements is more good idea then holding long...
Reply
tntsunrise TOP jhakas
a year ago
u can leave partial of your position to hod long , partial of your position can be in and out to buy low sell high
+1 Reply
jhakas tntsunrise
a year ago
yes agree.. but so far no body knows where exactly oil will fall... but as per seasonal months.. oil will keep on sell till march and ucad on rise till march or mid of march...
Reply
IvanLabrie PRO tntsunrise
a year ago
This is a great idea...
Reply
IvanLabrie PRO
a year ago
Looks like it got invalidated.
I switched to long only after my short failed.
We have no upside cap basically...1.5 should be within reach.
Reply
GoodLuckbabe IvanLabrie
a year ago
hahahahah that wright
Reply
IvanLabrie PRO GoodLuckbabe
a year ago
It had to hold that resistance in my chart, for me to go down, now crude can go to 22. We'll get plenty of chances to counter short but it's not my style in general. TNT here is good at that.
Reply
GoodLuckbabe IvanLabrie
a year ago
yes you are wright i am agree with you brother i think crude will shoot up between 13 to 22 i think between these two figures it will be very good idea to catch the bottom for longer term this is just short term fall we gonna see prices will shoot up very quickly as many people are trying to catch the bottom for longer period of time
Reply
IvanLabrie PRO GoodLuckbabe
a year ago
There's institutional buying here already, and people who have been lending the crude contracts to short traders for interest...once these guys bleed enough, it'll turn around.
Reply
IvanLabrie PRO IvanLabrie
a year ago
To short someone has to lend you CAD or crude...think about them, they own this from who knows when. :p
Reply
GoodLuckbabe IvanLabrie
a year ago
agree
Reply
jhakas
a year ago
ucad still in sell pattern... as far as it holds todays high.. it will ease down towards 1.45
Reply
FawadJawed
a year ago
awesomeness !! Already made 500 GBP in single trade hope so it sustains and go more down :-)
Reply
tntsunrise TOP FawadJawed
a year ago
congrats!
+2 Reply
GoodLuckbabe FawadJawed
a year ago
i think you have loss that 500 back to the market
Reply
FawadJawed GoodLuckbabe
a year ago
thts true lol as it got reversed so quick and i got stopped out with no PL still managed 200 GBP in short :-)
Reply
GoodLuckbabe FawadJawed
a year ago
thats very good congrats
Reply
FawadJawed
a year ago
Thankyou BOC :-) Nice and brave decision !
Reply
AlMak
a year ago
Class!
Reply
enlascalles
a year ago
WOW
Reply
DannyMac85
a year ago
wow, it did happen.
Reply
Paul-FXTC PRO
a year ago
Beaifull , it seems like USDCAD is DEAD
Reply
marcus123
a year ago
well done; this really worked out;
Reply
moneymaking
a year ago
Well trade setup mate, great job :)
Reply
Robenbianof
a year ago
101.2 pips TARGET 2nd ..........thanks bro
Reply
Robenbianof
a year ago
Nice . Congratulation !
Reply
WuHaodong9966
a year ago
gu ji shi xi da da zai zhong dong de zuo yong USDCAD niu JACK wei wu ! ha ha ha
Reply
tntsunrise TOP WuHaodong9966
a year ago
hahaha xi da da wei wu
Reply
Zohaib_Malik
a year ago
Nice one sir
Reply
Lanmar PRO
a year ago
Not one with a +1. Shows the difficulty. Great job sir.
Reply
tntsunrise TOP Lanmar
a year ago
haha. let's be patient, its asia time now,
Reply
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