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Posible trade for next week:
AU 05Dec08 Weekly Analysis.
Weekly most recommended. I biased SHORT.
How I trade the breakout. I place a long for GU in H4 and let it runs.
Then i find opportunity in m30 TF, to long as intraday trades.
UCad, I didn't place a long term short for UCad yet since the TL still not yet broken. But I keep hunting chance to short in lower TF.
Thank you mphpopular for great charts and analysis.
What is the entry signal for USDCAD Daily?
Tomoro there is a heavy news for CAD, so I not really gonna short it in daily TF. But I will keep on looking for break down in 30m TF. Coz the UCad juz heavily dropped juz now, imposible we expect it to continue to drop for another 100-200pips in this moment, so I stay aside and observe.
Maybe a good position for short.
Pennant Again in Ucad, I looking on this one, waiting for another SHORT.
If it breaks UP, I wont trade it.
Combination of divergence.
Sad of the day.
I waiting for this trade for today whole day. It is my pick of the day.
But, the market breaks the TL during the CAD news is out. I stay aside, and miss the boat.