[Daily analysis] USDCAD

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Sep 1, 2017 8:57 AM

Back to down trending, short for wave c
Retrace $1.25-1.253 go short to tg:1.244-1.224

⋅ Sep 4, 2017 9:52 AM

Retraced 1.242 done, short to 1.228-1.224

⋅ Sep 6, 2017 3:38 PM

all target reached!
I have been following the long term strategy for this symbol totally 4 months, since May 8, 1600pips.

Comments

Xiaoyi419

⋅ Sep 12, 2017 12:46 PM

It's great, thank you!

yasmin123456

⋅ Sep 6, 2017 3:44 PM

once again thank you for your hard work ,keep up the good work.

iggytsotetsi

⋅ Sep 6, 2017 3:42 PM

Wow that is brave long term pays

ttboy1975

⋅ Sep 6, 2017 3:40 PM

very nice trade and hard work

Qays

⋅ Sep 6, 2017 7:02 AM

@faylee update please....
thanks

Vimalk

⋅ Sep 2, 2017 7:14 AM

@faylee in ur view is this now heading towards 12240 or do u need further confirmation at 12396 level that this is now resistence

workforpip17

⋅ Sep 1, 2017 3:39 PM

@faylee Thank you very much for this analysis. How do I setup stoploss for this particular wave c trade?

faylee

⋅ Sep 1, 2017 3:50 PM

@workforpip17, usually it's above wave b. but since wave b is far away from the entry in this particular case, i suggest to use fixed sl.

workforpip17

⋅ Sep 1, 2017 4:40 PM

@faylee, Thank you for your help!