Trade Signals

Trendfollowing Entry on USDCAD

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Those who know me know that I am a huge fan of trendfollowing. The USDCAD is in a definite downtrend that has confirmed itself in no uncertain terms. It has pierced the inner trend line, and is making a break through the Ichimoku kumo (cloud), the blue shaded area. Time to put some money on […]

Trade Signals

EURCAD Looking for a Retrace

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After the very lucrative last two weeks of shorting the EURCAD, it seems to have gone down as far as it’s going to and is looking like a nice opportunity for a long, as it bounces off support and starts looking for the trend line above current price, or even better, the resistance level far […]