short video taking you guys through my CAD analysis for the upcoming CAD event at 14:30 (GMT + 02:00) AUD/CAD indicating a buy thus indicating a sell for CADxxx, CAD/JPY has a broken trend line that has been tested twice i am now expecting a sharp move down.
IN THE VIDEO I SHARE MY TRADE BIAS FOR THE GBP EVENT AT 10:30 GMT + 2, I ALSO REVIEW THE USD FOMC TRADE IDEA I POSTED YESTERDAY PLUS I SHARE ANOTHER TRADE IDEA FOR AUDUSD (TECHNICAL ANALYSIS)
NOTE!!!
I HAVE A COLD SO PLEASE KINDLY FORGIVE THE COUGHING IN THE VIDEO.
I AM LOOKING TO GO LONG ON USD AS IT HAS SINCE BROKEN THROUGH A SUPPORT LEVEL, I AM EXPECTING A DRIVE FURTHER DOWN TO A SUPPORT LEVEL THAT I THINK WILL HOLD AND PUSH PRICE BACK UP IN TIME FOR THE NEWS EVENT .
yesterday i uploaded a video on USD/CAD and my trade bias was a sell, i woke today and price has bounced off the trend line it had initially broken through we are currently in profit.
today we will be trading CAD news core cpi at 14:30 GMT + 02:00, my bias currently is a buy but i will come back with a video fifteen minutes before the event telling you guys if i...
On the USD/CAD daily chart i have a trend line setup and price has tested this line three times and on the fourth time it broke through then it went on to test the trends line now i expect it to bounce of the trend line and move down (thus shorting USD/CAD).
On the CAD/JPY daily chart price is approaching a strong support zone and my thought is that price will bounce of that zone and go up signaling a buy for CAD.
i currently have no open position i am going to wait for the CAD fundamental event on Wednesday 14:30 (gmt + 02:00) for now my trade bias for CAD is a buy, on wednesday fifth minutes before the event i will...
