Nice EURUSD entries
Testing my new entries. Looking good on this pair!
Posts
GBP/CAD: Trend continuation or more downside pressure
Interesting situation in GBPCAD. Long-term the pair is pointing up, but recent weeks have brought substantial downside pressure. We are now coming into an interesting zone where I will position myself for a reignition of the uptrend. Update 16.04.2015 The 161.8% extension on the weekly has completed. I am entering here, chances should be good.
Video: The GBPNZD trade
What's happening in my ongoing trade? Fundamentally the NZD is the last western currency which is still paying interest. And kiwi data is still strong with dairy prices (GDT price index) having risen 10.1% last week. How long can New Zealand diverge from the rest of the pack? The charts tell me not too long.