Big call short usd? big time frame trade

15 Ağu 2016

Bearish flag inside a channel, bouncing off inner trend line. Next bearing impulse looming. The set up is not complete on this time frame . Still in consolidation depending on what time frame you use.
I use fibs to plot potential targets on higher time frames. It would likely take months to see 1.12ooo's at outer trend line.

Looking at the big picture- manage on lower time frames.

Just and idea.Thanks.

Protect account 1st
Profit second.

10 Eki 2016

Not

Now that they have all agreed to manipulate oil price for their own gain, legally of course. This I see as positive for the cad (short term). Remember we have more oil in available then we did 80 years ago! Chart playing out as I thought. We may see 138's as we broke 132's. Still dovish to me, I'll wait for my next sell opportunity :)