UsdCad - Swing Short — U.S. Dollar/Canadian Dollar (FX:USDCAD) / 2015-11-04 — FxSaint

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U.S. Dollar/Canadian Dollar (FX:USDCAD)

FX:USDCAD U.S. Dollar/Canadian Dollar

batpattern

Bat Formation in process, shorts are recommended on completion of the same.

Trade closed: stop reached

Id like to short this but its gone over 1.315, any thoughts?

teddyrucks

Stops should be above 1.3175... so shorting close to 1.3150 is good... its short for me & I have already shorted at 1.3145... waiting for the result

teddyrucks

Or you can wait it to close below 1.3140 & then go for short. Its better option to be conservative

FxSaint

Ya I was thinking of waiting for it to push lower. I entered a short but did I tight SL so I'm out of it. US index looks strong and oil seems to be on the lower side. My mind is still fixed on a short after thinking though

teddyrucks

I m out too...unfortunate trade

teddyrucks

expecting something like this to happen... if it happens than go for shorts or else stay away

FxSaint

Kind of failed all sort of setups... Quasimodo / Bat / Structure / Line

FxSaint

ya, i think the UC is domed for short it broke its 7 day short trend. It looks either sideways or up at this point. =/ I had high hopes for UC, dam
Oil is thought to swing between 40-50 for the rest of the year. It's probably better to see it sink down lower this week

I think you shorted a bit early on this one. bounced from 618

ddp922

on 4 hr at least

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