Thank u very very much for well coming me.
2.About USDCAD. It seems to me that USDCAD is in the middle of S/R area [The sideway market in H4 Too]. As per 1st
50 pages we have to wait for the market direction until it hits the SUPPORT or RESISTANCE area and makes some strong
formation and setup for entry
GBPCAD is also in a sideway position but is more closer to Resistance area than USDCAD
(maybe i am wrong please correct me)
I WILL BE VERY THANK FULL
Hi,
I don’t take this trade because there are 3 very strong bullish candles before PB.
PB was formed on Friday (lots of traders can take a profit before weekend).
What’s more july’s high is messy … not sure where resistance actualy is.
For me is better wait for retracement and then buy USD/CAD.
Cheers
bambi
excellent!!! I’m going to study this until my eyes cross. Also, I’ve found it helps if you go back through the first 50 pages and envy chart you see where Jonathan or an associate has made key levels or shown a live set up, copy it, save it to your desktop and study those pictures each morning before you look at the candles for the day. I’m a visual learner and by seeing those historic charts which were analyzed and show the optimal setups, it helps to try and find similar patterns on live ones.