by Horatio Dubsly | September 12th, 2018, 09:55:33 | Technical Analysis
A quick update on the EURCAD trade for anyone following . It turned out to be a good entry and was never much troubled. The tweeter-in-Chief helped it along late in yesterday’s US session. I have spoken in the past of how charts evolve, and we...
by Horatio Dubsly | April 6th, 2018, 06:36:19 | Technical Analysis
I posted on Tuesday that “I would be looking for a +260 pip move” down on EURCAD from the live price . The techs didn’t let me down and the move lower over the last 3 days stopped bang on the money.at 1.5600 . Link to Tuesdays post here . We...
by K-man | April 5th, 2018, 08:29:38 | Technical Analysis
EURCAD update 05.04.2018 Pretty simple pattern, with the usual political disclaimer of course making this is a volatile pair. 1.5641 is the 38.2% fibo of the Jan-Mar rally, which needs to give way for another 1% move lower. As the NAFTA news filtering through is...
by Horatio Dubsly | April 3rd, 2018, 15:18:28 | Technical Analysis
We’ve been smashing them around in our trading room again today . Well done to K-man and some of the guys as we chased this one down since last week . I’m holding onto my EURCAD short and gunning for the target posted earlier today Taken 2/3 off of...
by Horatio Dubsly | April 3rd, 2018, 04:08:48 | Technical Analysis
The same sentiments here as in my previous USDCAD post . If the area highlighted ( blue band on chart ) around the 1.5830 level gives way, I will be looking for a +260 pip move from here. The measured move down from the pattern is larger, but trying not to get...