Hey Spec,
My longer term outlook going by the ascending triangle is bullish and does seem to be and overall uptrend from the start of 2016.
I drew the blue trend line about a month ago and it seems to be respecting that one pretty well.
I haven't traded currency yet but would a basic trading strategy, going by my trend lines and the descending triangle be..
A short on the bottom side of the blue line and a long position on the top??
I was more confident with the 'short-time' short, then the long for just now.
Curious as to why you were long here, (longer or shorter term?)
Could you post a chart and or your ideas, I would be interested in hearing them.
Thanks mate
(edit - I see it has now broken through that blue line of support)
AUDCAD, page-33
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAD (FOREX) to my watchlist