floge's Blog

Avatar

USD/CAD update

___________________________________
Previously
on 2Jan
Long Term: On USD/CAD monthly chart, we have a double bottom possibility with huge bullish divergence. After that, it seems that we have a base zone, a long-term area with top at 1.0450-1.0660. At the moment price is trying to clearly break up 1.0660 level.
Medium-Term: In uptrend. since the high at 1.0735 we are in a correction. At the moment we are closer by trend TL which may hold the price.
Short-Term: Ranging on this timeframe, now in t…
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/CAD prepared to bounce

___________________________________________
on 6 Jan:
USD/CAD
Think we are already in a long-term uptrend. atm must monitor the medium-term uptrend which is correcting while price is trying to breakout the resistence 1,0660. No problem as long as the price remains above 1,058.
Must go with the flow, took a long position to purchase this correction.

___________________________________________
After another touch on the TL here we go again, I hope :-D must see if price
Read full story
Translate to English Show original
floge avatar
floge 7 Jan.

price above 1.0660, will see if it makes new high

floge avatar
floge 7 Jan.

new high!! weeee lets go to the moon :-D

floge avatar
floge 7 Jan.

nice trend, a very good friend :-D

orto leave comments
Avatar

USD/CAD

Long Term
On USD/CAD monthly chart, we have a double bottom possibility with huge bullish divergence. After that, it seems that we have a base zone, a long-term area with top at 1.0450-1.0660. At the moment price is trying to clearly break up 1.0660 level.
Medium-Term
In uptrend. since the high at 1.0735 we are in a correction. At the moment we are closer by trend TL which may hold the price.
Short-Term
Ranging on this timeframe, now in the base zone. I'll take a long position if the price passe…
Read full story
Translate to English Show original
floge avatar
floge 2 Jan.

entered at 1.06681: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=225110490&tab=feed#blog-item-225110490

orto leave comments
Avatar

Potential Trade

- Long Term: On USD/CAD monthly chart, we have a double bottom possibility with huge bullish divergence. After that, it seems that we have a base zone, a long-term area with top at 1.0450-1.0660. Earlier this month price broke up this area. - Medium Term: In uptrend. since the high at 1.07 we are in a correction. Now we are closer by trend TL which may hold the price. - Short Term: In this timeframe price may be creating a base zone. I think if price break up 1.
Read full story
Translate to English Show original
floge avatar
floge 17 Dec.

i'm in at 1,0588 lets see...

floge avatar
floge 19 Dec.

now i may put stop = entry price: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=223571117&tab=feed#blog-item-223571117

floge avatar
floge 27 Dec.

http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=224344615&tab=feed#blog-item-224344615

floge avatar
floge 27 Dec.

closed with +109pips

orto leave comments
Avatar

USD/CAD 7th update

Yesterday we reached my first target for this run up, the price 1,07.
I uploaded the chart to my gallery, please check the link in this post comments.
Previously, on 7 September:
On monthly chart, we have a double bottom possibility with huge bullish divergence. After that, it seems that we have a base zone, a long-term area with top at 1.0450-1.0660.Seeing this sideways long-term area on the weekly chart, we can see that after broken up the 1.0050 level, started an up medium-term trend that has…
Read full story
Translate to English Show original
floge avatar
floge 5 Dec.

forgot to say that today i will make a buying order, trying to buy after the current short term correction

floge avatar
floge 5 Dec.

order entered: BUY 1.000M USD/CAD @ 1.06415, SL 1.06115 (30 pips),TP 1.07415 (100 pips)

floge avatar
floge 6 Dec.

link to follow this trade: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=222495640&tab=feed#blog-item-222495640

floge avatar
floge 10 Dec.

couldnt make new high and today stopped me out. gonna reenter at the short term bottom if i see it

floge avatar
floge 18 Dec.

reentry: http://www.dukascopy.com/tradercontest/?action=post-read&post_id=9821

orto leave comments
Avatar

USD/CAD 6th update

There we go. Now we can break up the sideways medium-term area, hope so.
[to see the original analisys and previous updates click on tag: USD/CAD]
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/CAD 5th update

UPDATE: We continue in a medium-term range as I said it could happen in the original analysis
[the original analisys is in this link(it's a contestant analisys)]
Read full story
Translate to English Show original
geula4x avatar
geula4x 23 Oct.

+1 Liked: Nice analysis! IMHO perhaps we'll see continuous USD weakness after NFP for some time now. Maybe a break below 1.0240 support and up trend line. Happy trading today :-)

floge avatar
floge 23 Oct.

to you too :-)

Maria_r avatar
Maria_r 23 Oct.

+ =))

orto leave comments
Avatar

USD/CAD 4th update

UPDATE: I think USD/CAD is confirming the thesis that I presented in the last update, which stated that the pair had possibly made a spyke below 1,0240. Now we can continue the upward movement.
[the original analisys is in this link (it's a contestant analisys)]
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/CAD 3th Update

[original analysis: http://www.dukascopy.com/fxcomm/technical_analysis/?action=blog&nickname=floge&post_id=4276 ]
If the weekly candle closes above 1.0240, price may had made a spike.
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/CAD 2st update

After a pull back for testing the TL, here we go again
Read full story
Translate to English Show original
orto leave comments
More