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khansalarehsan
Jul 25, 2018 2:56 PM

A great opportunity for Adding USDCAD Short  Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

See the recent published idea for USDCAD

Trade active

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35 pips not bad for a couple hours.
Let's do 50 for the day ;)

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Done!

Now lets make 71 pips; the low of the most recent swing low

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Done!

I am done for the day. Anything more for the day is bounce. 1.3 soon ;)
Thanks,

KHAN

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This party continues until CAD 10 years Yields gets to the rising trend line

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80 pips

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90 pips

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103 pips reached. More before the close? What do you think?

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112 pips

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As expected above CAD 10 years Yields appreciated.

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Flag breakout on CAD Weighted average BUT heading into Fibo overlaps ...

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First sign of CAD reversal on CAD 10 years Yields.
After visiting the rising trend line it is pulling back.
You may want to exit but I stay to the end ;)

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Beautiful Bounce after touching the upper band of the Flag formation on Weighted average CAD. A fresh high means further losses on USDCAD

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A bounce off the upper band of the Flag formation is beautiful, Plus if the daily closes as a bullish engulfing and it makes a higher high we will see a few days of CAD bullishness,

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This beauty breaking the Fibo overlaps

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150 pips profit on this one so far.
1.3 is a very strong support level.

On the previous USDCAD idea also we had 290 pips of profit.
Total of 340 pips in 5 weeks on this pair. Not bad ;)

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I will close this trade by Thursday as it is getting to a major Time Fibo

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I will close this trade by Thursday as it is getting to a major Time Fibo

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167 pips profit !

What else we want from USDCAD?
BUT
Get ready to be short on CAD ahead of Thursday
Comments
wilsongalucho
Seems the bulls are regaining a bit of strength today
petaj
What do tou think? Will ot break the fiblines? We have a hawkish bank of canada so it could be breaking further up?
khansalarehsan
@petaj, I think it is going to have a hard time. CAD Yields heading into resistance too. USD bearishness may take our trade to TP.
Keszi
Thank you prof! You are awesome
Tp 1.30020
Buckz
im aiming 1.3005 then calling it for today..
Buckz
Cheers for today.. Have a great evening!!
Buckz
Never can say no to a few more pips
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