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USDCAD reversal target on the way
Thu, Oct 9 2008, 02:04 GMT
by Anthony Samaha
ForexSurvivor
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. ****
Published on
Thu, Oct 9 2008, 02:05 GMT
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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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