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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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Legal disclaimer and risk disclosure

The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. **** Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.

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