Hi,
I will post trade setups/ideas based on my trading system once if i found it…
So, this is i found today…the AUDCAD pair
It is long setup with target 300 pips
Interesting. This week’s set of Canadian data could provide more momentum for the bounce. Canadian retail sales and a speech from Poloz comin’ up!
I´m still trailling a short position from last week at the completion of a bearish gartley right on the daily descending resistance. EW talk, we might get a push higher before breaking lower (still inside that dily traingle range) to the 61.8% (around 1.0370)
Techncially speaking we do have very strong support at the elvels we are currently trading in. Stops at BE and if they´re hit I expect an invalidation of my idea
Where were you able to short? I tried shorting around AUD/CAD parity but I got stopped out because my stop was too tight. What levels are you aiming for, too? Just trying to get a hang of stop placement and setting targets. Any help would be appreciated, thanks!
AUDCAD weekly short setup
Long term setup of Silver
Both of those trades are so obvious that it would only take one other trader to put a position on to make you wrong. Personally i see both those trade setups as not finished yet. you would be better off betting that the market is still correcting a bit more before entering in the direction of the major trend. Basically what i’m saying is wait for a true higher low and a true lower high.
sorry, don’t understand what you mean.
Here’s example of latest setup
Finally, it is breakout!
Look for long setup when rebound
