In my previous posting, I said that USDCAD was currently supported by week 44-45 low and the move up will not be a smooth ride. Yeap, last week, week 49, USDCAD failed to break below week 44-45 low and the move up was halted again by week
Read more →Week 48 recap: “Price failed to close above the low of Week 42,43, 45 (Maroon horizontal line). This is the level to watch. Have we seen the emergence of a bull trap?” Answer: Yes. In short, price resumed its ‘normal’ course… Down! Those waiting for the retracement
Read more →In my previous two postings, I repeatedly said USDCAD must break above week 38,39,41,42 levels. And last week (Week 45, I gave clue to Tflow® entry. TFlow® students with TX Auto Alert will be able to see the textbook Tflow® pattern plotted out on H1. And the result,
Read more →Last week – week 44, USDCAD rebound 300 pips up as mentioned in my previous posting. ” We might expect some temporary rebound to Aug’11 high and Sept’11 Mid high before price continues to fall. However if price get supported at Aug’11 high, it might form a
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USDCAD remains bullish and moved another 350 pips up from the low of week 39. No visible level is seen on the daily chart. Price may still have room to continue moving higher. A strong level is seen only the weekly chart which is Oct 2008 –
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In Week 37, USDCAD shows sign of reversal in a daily chart. I have cautious you by saying that the neckline has not been breach. Upon opening of week 38, USDCAD rose 560 pips up after hitting week 32 & week 33 Low. In the early week,
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Day Chart shows the Swissy movement in a downward ED channel since the start of 2011 Tflow(r) teaches us to trade on retracement. Look out for potential retracement setups (1234) at the critical resistance levels which I have indicated. The nearest resistance level confluences with the fib-r 76.4
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Read more →USDCAD has been falling since late June. It has fallen about 400 pips down. Looking at the Daily chart, it is clear that USDCAD is in a long term down trend. Just last week, it fell close to 200 pips upon touching week 28 low. Though at
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Only registerd users (ie TerraSeeds Tflow���® graduates) can view this post. Graduates please log in with your UID and password that you use for Forum. Find out how you can be part of our privileged trading community. Email forex@terraseeds.com
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TerraSeeds Market Technician is a leading enterprise for education in financial trading. TerraSeeds launches a brand and sales communication campaign with displays advertisements to boost market penetration. June 27, 2011 TerraSeeds Market Technician is a leading enterprise for education in financial trading. TerraSeeds launches a brand and
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Only registerd users (ie TerraSeeds Tflow���® graduates) can view this post. Graduates please log in with your UID and password that you use for Forum. Find out how you can be part of our privileged trading community. Email forex@terraseeds.com
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