Hello every one i think this pair is a swing trade, with sell position starting now. Last time we hit this level was mid July and that time it just crashed. Now we are on the same level and a very patient trade would be nice and very profitable. Guaranteed if you open a short possition on this pair. On Thursdays I like to trade in the afternoon in my time zone which is pacific timezone until about lunch time of Friday. This particular trade I definitely will be holding for a while. I loaded up alot of funds for this trade and my strategy is to constantly add in new shorts possitions through out the couple weeks I plan to leave this trade open. I literally just opened an 18 lot total trade for this pair and I am up about 1700 USD(15 MINUTES). I just have a very good feeling about this trade. I know forsure I will come out with big profits on this. More bad news is gonna just keep happening in US market. Recession will be in full effect. The announcement of interest rate hikes will most likely make things worst and this coming up next announcement it is expected to go up by 1%. Which means USD is gonna be less valuable. Canada is not there yet. Canadian economy is pretty good right now so yeah trust me guys.
My entries were :
1) Shorts 1.31522 - 2.5 Lot
2) Shorts 1.31521 - 2.2 Lot
3) Shorts 1.31466 - 5 Lot
4) Shorts 1.31461 - 5 Lot
5) Shorts 1.3440 - 3.3 Lot
Total of 18 Lots so far. Will add more as more profits are won.
My entries were :
1) Shorts 1.31522 - 2.5 Lot
2) Shorts 1.31521 - 2.2 Lot
3) Shorts 1.31466 - 5 Lot
4) Shorts 1.31461 - 5 Lot
5) Shorts 1.3440 - 3.3 Lot
Total of 18 Lots so far. Will add more as more profits are won.