1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Current CAD Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, Sep 20, 2011.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

    Joined:
    Jan 20, 2010
    Messages:
    110
    Likes Received:
    1
    The CAD looks weak and could possibly stay that way for the rest of the week.

    EUR/CAD – D1 trend is oscillating and we look for new uptrend to form over the next two days, good upside potential

    GBP/CAD – D1 trend is also oscillating on this pair and we are looking for an uptrend to form, set buy alarm at 1.5670 which is the first level of resistance. It is not trending yet but it is on watch with the other CAD pairs, good upside potential.

    AUD/CAD – D1 trend is oscillating and once again we are looking for the uptrend to form, set buy alarm at 1.0220, upside target is 1.0480.

    USD/CAD –is also forming a strong uptrend but is very choppy.

    CAD/JPY – strong downtrend is forming and this pair is running out of support, it was spiking though support in the Asian session


    When the price alarms hit verify any buys or sell entries with The Forex Heatmap ™ and look for CAD weakness or cross currency strength or both.



    Good Trading
    Mark Mc Donnell
    www.forexearlywarning.com
    Spot Forex Trading Plans Across 28 Currency Pairs
    $19.95 per month

    Please share these free forex trading plans on Facebook or Twitter to your forex friends using the sharing buttons on Forexpeacearmy.
     

    Attached Files:

Share This Page