USDCAD Success

This trade produced the 50pips and i think its a nice one for the weekend.

Have a nice weekend ppl.

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

USDCAD Delivered

Hello and Good morning!

I am so sorry i have not been online to do some updates. Had to attend to some personal stuff.

THe last USDCAD analysis was successful after a very hard time trying to break an important resistant point.

Please stay connected to bondfx and more analysis of the market will continue shortly.

Thanks.

James

USD/CAD - OVER SOLD

Hello and good evening,

A careful study of the USDCAD shows that she is obviously over sold and one need to be careful of all short trade. And to have a buy signal i will be considering my 5min timeframe as you can see on the chart.

My major trendline (cci 400) was broken for a LONG bias and the minor trend on RSI (21) also was broken for a long.

To pull a trigger, ADX strength on my 15min timeframe is still on the decline and may show a weak UP Bias. I put a trendline on ADX waiting for a breakup to start a BUY (IF AND ONLY IF THE BUY WILL PREVAIL). And at the point when the ADX 15min will be ready, we must ensure that the Trend in the CCI 400 and RSI 21 in my 5min timeframe are in place.

LET US WATCH TOGETHER!

James

GBP/USD and EUR/USD - INTRA-DAY TREND MAY TURN DOWN

About few minutes ago i noticed my intraday bollinger band is turning down with my trendline break to confirm it. ADX strength is needed in the 15min time frame if the DIP will be successful.

However i expect a dip by the break of 1.5022 for a 40-50pips profit, stoploss not more than 60pips.

THe GBPUSD seems to have the same pattern with EUR today, same dip expected at 1.6470 for a 40-50pips, stoploss should not be more than 60pips

Enjoy.

James

UCAD - WEEKEND SETUP AS EXPECTED!

The USDCAD went dip for the 40pips as expected.

Good morning.

James