Friday, October 31, 2014

Usdcad to 1.1500?

In my last post where I wrote  ( read here) about the two scenerios Usdcad was posing. My sell went well with price only 10pips shy of 1.100 ( my final target) . I went out with 150pips .

With price showing some reversal signals, I had to think of riding wave 5. 

With the recent big rally, the second scenerio is fulfilled and I expect wave 5 to take us to 1.1500. I am on this one for a big ride.

Usdcad has shown itself to be a good market this month. I racked more than 500pips and 1000pips on Gold

What a nice way to end the month.

Thank you for following me.

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