martinv678

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Joined MVirando
Markets Allocation
100 % forex
Top Mentioned Symbols
EURCAD 75% | 3 USDCAD 25% | 1
martinv678 martinv678 EURCAD, D, Long ,
EURCAD: EURCAD Long
16 0 1
EURCAD, D Long
EURCAD Long

If today's candle stick closes with a strong body. It is a good indication that it will retrace to the 100% level of the Fibonacci.

martinv678 martinv678 USDCAD, D,
USDCAD: USDCAD - Signs of shorting.
28 0 1
USDCAD, D
USDCAD - Signs of shorting.

The USD CAD looks great for a short only if the rectangle of the support line is tested. At the moment there is not enough information to sell as the previous candle could be a false breakout. Great information provided by the monthly chart shows a key resistance spot and seems unable to break through. Only time will tell.

martinv678 martinv678 EURCAD, D, Short ,
EURCAD: Double Bolinger / Three Candle stick example
83 0 3
EURCAD, D Short
Double Bolinger / Three Candle stick example

This is a perfect example of the three candle sticks and double bolinger band strategy.

martinv678 martinv678 EURCAD, 240, Short ,
EURCAD: Short position trades on EURCAD
44 0 0
EURCAD, 240 Short
Short position trades on EURCAD

I have based this idea on key Fibonacci retracement levels being tested and broken through. I see the price moving to the 1.618 level below. I have split my positions in two. Once the first take profit it hit I will move the second positions SL to break even.

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