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USDCAD reversal target on the way

Thu, Oct 9 2008, 02:04 GMT
by Anthony Samaha

ForexSurvivor


ForexSurvivor

Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.

1 minute with ForexSurvivor

 

 

 

 

A.        (09 October Asia) Latest Impact: USDCAD reversal target on the way

 

USDCAD continues posting new highs and exceeded the final MA @ the weekly chart that read 11120. The outlook is positive and any pullback is for positive challenges towards 11500 the least.

 

 

A reminder on USDCAD position: On 02 October we went short @ 10550 and added 10714 exiting @ 10820 for 376pips loss.

 

Position was reversed at 10820 targeting 11500

 

Move stop now to entry level (10820). Keep Target 11500

 

 

 

B.        Signal

USDCAD: Move stop to the reversal position of USDCAD to entry level (10820). Keep Target 11500

Limit Order Valid till 010 October

 

 

 

C.        Mission Accomplished:

(07 October Europe) GBPNZD: Short @ 27955

Position(s) Closed

 

 

 

 

D.        The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****

 

 

 

 

 

 

 

 


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