This blog is created to show market analysis based on our Power Trend Strategy. The strategy was designed with intra-day traders and part-time traders in mind. I will do all it takes to make it simple and explicit as possible. PLEASE REVIEW THE FIRST POST (Risk Warning)! Please enjoy. TRADE ALERT HERE: http://bondfx-tradealert.blogspot.com
Friday, December 4, 2009
USDCAD Slightly BULLISH
Hello,
I think this is a good time to consider a BUY of the USDCAD in the intermediate term with my 2000min over sold and good break in trendline on sight. A buy is good from 1.0517 for a 40-50 pips with stoploss not more than 60-70. THe trade may run till cci 400 period get to the 100level too.
Enjoy.
James
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