Sunday, January 29, 2012

usdcad quality levels

red levels were not able to make solid support

Tuesday, January 24, 2012

EURUSD diagonal support break

EURUSD broke the downward trendline during early european open and opens it for another upward momentum:

Wednesday, January 11, 2012

The news and your trade

I have noticed that once good news comes in, traders rush in to take there trade and then suddenly the market reverses! What the ***. You guys have noticed that? Sounds eerie, isn't it? This is where market makers, smart money, hedge funds, etc. come into play. Yes, they are making profit because of you!

Thursday, December 22, 2011

My USD/CAD forecast

After the USD rally since December, correction for all usd pairs has undergone and now we are on another impulse action. As for usd/cad, support lies on 1.02070 and I am expecting it to reach resistance 1.03631area. Breaking of the triangle above will show further upward momentum.