Tom_Killick
Long

USDCAD: Bull Participation Is Continuing At This Level! #Forex

FX:USDCAD   U.S. Dollar/Canadian Dollar
511 11 11
Friends,

Looks good for long movement. Nice moves, without obvious exuberance make for stable uptrends.
20Moving Average is important for this trade, and performs well on this pair in general.

Best of luck.

Tom
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Marvin
a year ago
Tom do you use Exponential or Simple MA? And are you waiting on further confirmation on this or are you basically saying it's good to go? Thanks, really appreciate your stuff.
+1 Reply
Tom_Killick Marvin
a year ago
I use exponential moving averages for my 3 and 8 moving averages.

the 20,50, and 200 are all simple. Standards ;-)

Kind regards
Tom
Reply
Tom_Killick Tom_Killick
a year ago
Thank you for your kind words also
Reply
Tom_Killick Tom_Killick
a year ago
I am waiting for a pullback for entry. I will update this post accordinglly
Reply
Marvin Tom_Killick
a year ago
Ok. I won't ask about why you use these different MAs as I would assume the answer is too complictaed and probably based on backtesting etc. Cheers mate.
+1 Reply
Tom_Killick Marvin
a year ago
If you're interested in them, you should read this, they're fantastic to learn.

http://www.investopedia.com/terms/m/movingaverage.asp

Kind regards
Tom
Reply
Marvin Tom_Killick
a year ago
Thanks a lot, I'll do that.
Reply
SmartTradingFX
a year ago
Good work Tom
+1 Reply
Tom_Killick SmartTradingFX
a year ago
Thank you. Appreciate it.
+1 Reply
SmartTradingFX Tom_Killick
a year ago
No worries! Keep it up! I just posted an idea on EUR let me know your thoughts
EURJPY: A Low Risk High Reward Long Opportunity
Reply
Cfsqbwn.
a year ago
Hi Tom. What price are you looking for entry??
Reply
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