killer195175's Blog

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20072017

Hello my dear fellow community members and traders,
I am long in USDZAR and short in EURCAD. USDZAR has shown that sellers are exhausted and the worst economic situation in South Africa hinted me an up move in USDZAR.
In EURCAD the pair has retraced after breaking the support to the same level which now will act as resistance. I have sold the pair with stop loss above 1.4725.
Happy trading to all.
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15 OCT EURUSD

Last week on 13 oct we talked about EURCAD as it had broken lower from a rectangular pattern and the target on the downside was give 1.45000 and 1.44000 respectively. Although our first target was achieved easily but for second target the market closed just about .0007 pips away. Till now we have gained 193 pips approximately on this trade setup and we had risked only 68 pips. It seems to be a very nice set up. From here I expect price to rise a bit and we can see some profit booking this week b…
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13 OCT 16 EURCAD

Hello everyone,
Today I have spotted a break and retest of a rectangular pattern in EURCAD.The idea is to sell between 1.4595 to 1.4630 with a stop loss 1.4668 and target 1.4500 and 1.4400 respectively.
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