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Thread: AUD.CAD

  1. #1
    action-reaction arco's Avatar
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    Default AUD.CAD


    Two systems triggered a
    possible long (Friday AM) on the Aud.Cad

    I would prefer to see additional confirmation,
    however there is often a decent short term trade
    available from these signals.

    Please note. My intention is not to offer any form of investment or trading advice whatsoever. The system I have detailed above could easily fail miserably at any point. If you choose to follow this system be aware that you do so entirely at your own risk and that I cannot be held responsible for any losses incurred.


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  2. #2
    action-reaction arco's Avatar
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    Good day trade opportunity Mon/Tues with around 70 points
    available for short term trading, but now the worm has turned
    and this pair may be in the throws of an ABC correction.





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  3. #3
    action-reaction arco's Avatar
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    Appears to be heading North again after that minor correction.
    3 signals now long.

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  4. #4
    action-reaction arco's Avatar
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    First 50% closed off with +100 pips profit.
    Balance stopped out @ +61.
    Total +161






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  5. #5
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    cobwebs dusted off this one

    possible long on aud cad

    trendline + morning star on daily

    possible gartley and elliot count 5 waves up 3 down on hourly

    entry 1 9000 entry 2 8970

    sl 8900

    tbd

  6. #6
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    the aussie dropped like a rock last night ,

    watching for a possible double bottom at 8850 but not sure this is a goer

  7. #7
    Legend peat's Avatar
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    short in AUd Cad @94 overnite - possibly a bit late as the bearish butterfly on the 3 hourly not only has activated but has completed
    Will sell more if it rises. currently 93.85 +15. resistance at .9460 . anything above 95 starts to look like a pattern failure.
    For clarity, nothing I say is advice....

  8. #8
    action-reaction arco's Avatar
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    Quote Originally Posted by peat View Post
    short in AUd Cad @94 overnite - possibly a bit late as the bearish butterfly on the 3 hourly not only has activated but has completed
    Will sell more if it rises. currently 93.85 +15. resistance at .9460 . anything above 95 starts to look like a pattern failure.
    Hi Peat

    I dont always check this one, but the ideal BF was completed on the 8th
    giving a max of 240 pips so far.

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