About meI developed a martingale based EA, which engages in H4 overbought/oversold countertrend condition. I also have a newstrader which gives hundreds of pips in a couple of minutes. You can follow the result @ the website. To our success!
The pair shows a TSI divergence, which is very reliable. Recent economic CAD news was good.
I'm selling @ 1.3170
Target 1 is 1.2750.
Target 2 is 1.2500
Happy Trading to You!
I will buy this pair.
EUR is in a bottom.
AUD is in a top.
RSI is very low. Breakout of CCI -100 is almost there.
There is room for 400 PIPS in one fast run.
The uptrend which started in July 2013 is still in place. The active low is 1.6250.
The current countertrend which started on 17 February is almost exhausted. Oversold condition (RSI is low and CCI is extremely low).
Recommendation to go long on Day CCI 100 breakout.