MatthewCrm

MatthewCrm Updated 

chart is extra busy on this one, higher time frame analysis would show that the pair is on a consistent uptrend, however a closer look at a pattern within a pattern could show us an opportunity to get in for a short term sell, the 1hr chart would show that a strong downtrend is happening, we're waiting to see an exhaustion and then find our entry on way back down,...

MatthewCrm

idea behind this trade, is a continuation of lower lows, entry will be dependant upon a break of support 0.89850 looking to hold a longer position until 0.89400 looking at two half lot size positions one tp set for a day trade and the other holding for most likely the rest of the week, stay tuned and if the rejection happens on support be ready for a Long position...

MatthewCrm Updated 

support at 1.24250 buy potential here for a day trade, stop loss set and take profit set high, rocky start to morning and most things going upside down this morning but stay true to plan and stay patient.

MatthewCrm Updated 

bounce off strong support, should be looking at a reversal back to previous strong resistances. Now just a case of plotting a good buy In area and executing the trade. keep it simple!

MatthewCrm Updated 

I see the trend continuing as shown, higher lows to be pushed to support at 1.25000, been caught on small day trades and misdirection from this pair today so decided to take a step back and look longer term what potential the stock has to offer! good luck

MatthewCrm

follow up from last weeks plan, we stay true to the plan just moving trend lines and adjusting to the week, as we can see the old support has become a new resistance looking for a break and downtrend forming then would be worth getting in as a short

MatthewCrm Updated 

identified a double top pattern on USD/CAD sadly missed entry and have to change short position tool to a lower entry with higher stop loss, get up early don't miss a trade! on holiday so excuses will be made but still high potential for a position on the short side returning to the support shown by black horizontal line, looking for an entry once trend line is...

MatthewCrm Updated 

this is a potential double top position that I've identified with this pair, it looks as though the stock is heading back to resistance and if it doesn't break the resistance could be looking at a confirmed double top with a send to previous reports, analysis done on 45 minute chart was a quick trade idea, don't think I'm going to enter but going to watch to see...