Inside the Currency Market: EUR/CAD

EUR/CAD has been a volatile pair, a good mover and far better than EUR/JPY so we continue with EUR/CAD. Next is USD/CAD and anything with USD in the first position. The other half of the universe is now conquered. We can now hit Targets on USD/ Botswana if we wish.

By the way my computer friends if a need exists. Karen intellexual – Karen is a computer expert and computer professor, long time friend and trusted with Shane my sincere friend designed my trading systems. He is another expert, has vast knowledge and 20 years experience and gets it right the first time. He is a master web developer, programmer, program designs. Name it, Shane can do anything and gets it right. Both as well are sincerely honest people.

EUR/CAD. Bottom. 1.4746. Range break above 1.4975, below 1.4668. Overbought sell point 1.4896 — 1.4933. Strategy. Longs above 1.4821, Target 1.4896. Then reverse short to 1.4858 then 1.4821. Points on the way up, 1.4827, 1.4843, 1.4859, 1.4877, 1.4887, 1.4896.

Shorts below 1.4821, target 1.4783. Watch for reversal here to 1.4821. A break of 1.4783 means lower. Points on the way down, 1.4811, 1.4802, 1.4794, 1.4786, 1.4766, 1.4746.

Brian Twomey, Inside the Currency Market,


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