faylee

Mid-long term short

Short
faylee Mis à jour   
FX:USDCAD   Dollar Américain / Dollar Canadien
Estimated Entry:$1.3697-$1.3733
Tp1:$1.348-1.315
Tp2:$1.287
Tp3:to be advised after breaking out $1.246
Commentaire:
1H chart: broken the wedge, retrace $1.3697 go short

Daily chart: AB=CD pattern in placed

Monthly chart: Bearish Gartley pattern in place, short for wave C
Tg:$1.18735-$1.12088
Transaction en cours:
Effected at $1.37005
Commentaire:
added short from 1.37378
Commentaire:
4H chart: MACD bearish div., as long as it cross down, and price no making new high, go short.
Commentaire:
The bounce was rejected by 1.37334 today(see above chart), and MACD now is crossing down, continue to go south soon.
Commentaire:
1H chart: under resistant level $1.3713 is good for bear, potential “M” pattern in forming, once break neckline 1.364, will continue to go south
Commentaire:
Update weekly chart: seems like Wave c just started
Commentaire:
1H chart update: it's broken the neckline of "M", now pull back, still go short, once rejected
Commentaire:
the everage cost is $1.3696, so far only have 126 pips, slow motion for this pair,
1H chart update: it is moving one the way as expected, heading wave v tg:$1.3565
Daily chart update: daily candle bars tell us next leg just started, high possibilities to hit our tg: $1.35.
Trade fermée manuellement
Commentaire:
The price bounce too fast, so decided to take profits first, and review the trending in next week
Commentaire:
4H chart update: It's hit Tp1,the support zone,more than 200pips now,will see some bounce from here,retrace $1.354 go short for tg:$1.34-1.33
Transaction en cours:
entry 1.35222
Commentaire:
It's more than 100pips,wave 3 likely come to an end, I took profits first. And wait for a bounce to short again.
4H chart update: likely retrace 1.3445-1.3465,then go u turn
Commentaire:
1H chart update: the bounce just hit the resistant level in yesterday updated chart.
Now likely go U-turn.
Transaction en cours:
$1.3465
Commentaire:
Daily chart update:
bear attack continuing, the bounce was rejected by $1.348, heading next tg:$1.329, once broke the trendline
Commentaire:
4H chart update: wave 4 correction was rejected by channel ceiling $1.35, go short for wave 5, tg:$1.32
Commentaire:
The daily closing candle looks bearish
Commentaire:
Both weekly &Monthly chart tell bearish, if it bounce,I will still try to find entry for short
Commentaire:
good chance to add more shorts here
Commentaire:
added1.3519
Commentaire:
4H chart update: once broke the channel bottom, next tg:$1.32
Commentaire:
4H chart update: Likely will bounce to test $1.349
Commentaire:
4H chart update:
short from 1.351
Commentaire:
Commentaire:
Weekly chart update: looking for more retracement
Commentaire:
The senior vice president Wilkins of CBC said, they will assess the need to reduce the intensity of stimulus, mainly due to the recent economic growth.
Commentaire:
Daily chart update:
Looking for a break out the support zone
Commentaire:
This strategy has taken more than 1 month, not easy to hold the positions till now, bcos it was too swing in last month, some may doubt if the trending were still bullish. our live acct. is following the strategy as well, the initial positions have more than 400pips, it is not the most profitable strategy in our history strategy. But, if plus the scalping trades, we ttly got $970+pips for this trade. I should mention that the profits are half, or, less half from a successful strategy, another half or more than half from good operation and risk management. That's why trading is not easy for us.

1H chart update:
short term scapling strategy is retrace $1.335 go short to tg:$1.324 exit
Trade fermée: cible de profit atteinte:
It's very close to my tg:$1.324
i took profit at 1.3256 already and will wait for signals to sell on rally again.
Commentaire:
the low for today is 1.3188, TP1 final:$1.315 ,all tg hit perfectly.
Transaction en cours:
short again $1.325
4H chart update:
see the revised wave counts, it's really a little complicated, bcos it swing for more than 1 year, and now just broken the channel.
i shorted for short term tg:$1.2972, mid term tg:$1.27-1.25
Commentaire:
for long term time frame, the structure looked more clear, it seems still large room for the short strategy. pls refer to blow long term view:
Commentaire:
4H chart update:
bounce to 1.329-1.33 go short
Transaction en cours:
4H chart update: retracement done, added shorts at 1.3296
Commentaire:
4H chart, still good bearish looking, will add more short from 1.335.
Commentaire:
move sl to BE and still holding.
Transaction en cours:
Fortunately the shorts from 1.3335 still there.
bearish trending continuing, short term bounce won't change the key trending.
Commentaire:
and regarding this, you will get better rewards soon.
Commentaire:
more than 100pips now, waiting for tg:1.303
Commentaire:
already 270pips, very close to our tg:$1.303, go, go, go, jia you
Commentaire:
target:$1.30382 reached perfectly, profit taken. and waiting for a bounce to short again
Trade fermée: cible de profit atteinte
Commentaire:
4H chart update:
Wave iii likely completed here,will see some bounce
Commentaire:
4H chart update:
Waiting for a retracement to short again
estimated entry:$1.266-1.27
Trade fermée: cible de profit atteinte:
Tp3:$1.246 reached.
Let's watch it bounce
Commentaire:
Totally 1277pips for this trade!!
Transaction en cours:
short again from 1.255-1.264
Commentaire:
sl:1.272
Tp1:$1.249-1.241
Tp2:$1.232
Transaction en cours:
shorted $1.26
Commentaire:
4H chart update: retraced our targeting price 1.2616
Tp1:$1.252
Tp2:$1.2272
Tp3:$1.21755
Commentaire:
4H chart update:
This is a plan for 1-2 weeks, need to wait for the entry with a little patience.
see the chart:
Transaction en cours:
1st entry: 1.26778
Commentaire:
It just hit the 2nd entry:$1.273xx
Commentaire:
1H chart update:
Commentaire:
4H chart update:
Short again from $1.27557
Commentaire:
more than 100pips already, move sl to breakeven.
Commentaire:
4H chart update:
The crucial support$1.2636 was broken out firmly by a large bearish candle in yesterday, obviously the down trend continuing,heading next support level:$1.25632,and crucial support level $1.25134
Transaction en cours:
added shorts 1.2675
Commentaire:
4H chart update:
Commentaire:
short term moving in decending wedge, likely will test $1.25
Trade fermée: cible de profit atteinte:
final target $1.21755 reached!

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