USDCAD: Stay Long, Absolutely no Reason Not To Still Be In
Friends
Should still be long in this trade, have absolutely no clue why anyone would take profits right now, when the agenda is completely up. The opening to begin the week and the continuation proves this. I'm not saying we are going up definitely, I am simply saying that THUS FAR, we are still going upward at this level and should wait for the outcome and not take profits just because we are at a possible level where the pair will face, its poor trading.
Taking profits here just because we're at a level of previous knowledge is eating like a bird and pooping like an elephant... It's not how you trade professionally.
Consult the weekly chart also, it shows bulls are definitely staying about for something.
NOTE: You'll notice on my charts I don't use assumptions, I use absolute FACTS from the chart only. So don't post 12 pictures on this idea about how an elliot wave dynamic Wolfe wave pattern might stall and make me loose 20 lots and go homeless. It isn't helpful.
Regards
Tom
Should still be long in this trade, have absolutely no clue why anyone would take profits right now, when the agenda is completely up. The opening to begin the week and the continuation proves this. I'm not saying we are going up definitely, I am simply saying that THUS FAR, we are still going upward at this level and should wait for the outcome and not take profits just because we are at a possible level where the pair will face, its poor trading.
Taking profits here just because we're at a level of previous knowledge is eating like a bird and pooping like an elephant... It's not how you trade professionally.
Consult the weekly chart also, it shows bulls are definitely staying about for something.
NOTE: You'll notice on my charts I don't use assumptions, I use absolute FACTS from the chart only. So don't post 12 pictures on this idea about how an elliot wave dynamic Wolfe wave pattern might stall and make me loose 20 lots and go homeless. It isn't helpful.
Regards
Tom