Seeing as CAD is overbought, I'm guessing EURCAD is good for long positions too. It reached its lowest in August. Somewhere around 1.21x. It now sits at 1.27471. Edit: May take the trade if it goes lower and does not break 1.27. TP at 1.31906.

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Finally time for another COT report. USDCAD: CAD is at 90.72%. Which gives a really good opportunity to go long here. Which I will do once market opens. Seeing as USDCAD managed to tap on 61.8 at 0.98863. We're now sitting at 0.97838. The lowest we ...

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May even go lower to 1.24798.

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My demo account is at a profit. While I got stopped out here at BE + 1. Looking to re-enter short here soon. Pending short at 1.30927. Pending AUDUSD long at 1.010/25. Pending EURGBP short at 0.81444 or double tops at 0.811x. (May actually just go ...

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EURUSD seems to have completed its c-wave of corrective wave b of corrective wave 2 here. Sounds long winded. The chart will help you see it clearly. Should it go down the lines now, it would mark the c-wave (may have a chance to reach 1.26 as ...

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Took a look at AUDUSD and also posted at DaddyBear's thread. I see this down move as a c-wave and a completion of the huge move down. Everything still looks really bearish for AUDUSD. Should weekly be able to close in a doji next week, we could rise ...

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Have you wondered why GBPUSD and AUDUSD are dropping like flies while EURUSD is refusing to budge from its 1.30 throne? EURGBP is currently in an up channel. Has space to probably go up until 0.81444. EURAUD is also in an up channel, breaking the ...

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Thank you and cheers Still learning. Making a lot of mistakes even though it looks like I'm not.

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Yes so I was right This is a c wave. And if I'm not wrong, a gap lower would allow us to continue upwards. In fact 1 hour has a hammer looking doji. And its an inside bar on 4H. We have bearish engulfing on daily and 3 bearish candles on weekly. ...

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Hmm but this wave is lower than the previous wave. Is it still valid?

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I decided to do something to relieve myself of stupid actions. I used a demo account to place random entries to test the market. I placed a buy on eurusd at 1.30353 and I set TP to 1.315. I also placed a buy on AUDUSD at 1.01872 with TP of 1.03366. ...

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Opened EURUSD short 1.30334. Too bad I closed my 1.305x trade early. TP @ 1.27258, looking for a lower low before we start spiking to 1.34. Following a chart I have made earlier, except that I didn't expect it to break 1.3 earlier on.

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I just took a look at AUDUSD on 4H, Daily and Weekly and everything looks bearish. 4H MACD is about to crossover, Daily bearish engulfing while this is the 3rd bearish week for AUDUSD where MACD is about to crossover and RSI dipped below 50. We may ...

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It got to 1.30309 without me. A little annoyed but glad that I called it. May retrace higher to test highs at 1.3174 where failure would bring us spiking straight down. But I'm expecting some sort of a 1.27/8 level to come into play now as part of ...

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It seems that up move was a 'b' wave. We are now doing 'c' which should technically go lower than 1.0185.

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Closed 1.30517. 1.305 is proving to be stubborn. Really really stubborn.

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Re-entered at 1.30534. Going to let it run down to 1.30309 this time.

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Ah okay. Good luck and green pips to you sir

Annual Targets: ROI>15%, DD<10%, approx 0.5% risked per trade

Its stupid when I don't listen to myself and go for stupid trades and end up losing some money for no reason.

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Closed at 1.30527. Pending sell at 1.308. TP to 1.30309.

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