Entered LONG USDCAD (Great R/R ratio)

FX:USDCAD   U.S. Dollar / Canadian Dollar
196 2 3
Good luck as always!
Quite a courage. You are entering LONG at the 3rd wave down. There may be a slight up reaction though as there are some minor support levels. I don't see the price shooting up to 1.45 as you indicated at this very moment. Hope you have placed tight stops. Good luck.
+1 Reply
Hey there, thanks for stopping by! 1st, I think we both are looking at two completely different time-frame charts and the 2nd is I think, the way you see the market. If you please excuse me, but you are stating the obvious which never works in the market on let's say 60% of the time, which means (to me) this isn't the way to trade and it is not so profitable. I know my strategy works at least 80% of the time and I increase that profitability rate every six months towards my goal of 100% market price prediction. Please, no offence, you could actually be right as the market is a wild place. I know I gave it a pretty high expectations about the target, but please do know that it's still a very bullish currency pair here and a huge re-tracement is imminent. I wish you best of luck too :)
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