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Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Trade of the day on the EURUSD sold 1.4258 at 9:11 am ET. Trade closed with 50 pips but much more potential for traders holding for more. During the trade room today we discussed the break of the trend…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! A quick follow up to the trade posted earlier. Buys were taken into the 1.6250’s and intraday profit closed for 50+ pips on test of 1.6300 and 30 minute trend line. If you continue to hold it will need…
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Potential long term technical setup has begun to take shape on the USDCAD. It is no secret that the trend for the USDCAD has been down for quite a while. Recently it has tested support into the mid .9600’s and has rebounded back into the .9800’s. This rebound has been challenging the daily trend line and gives us the first clue that the trend just might be changing.
Along with the challenge of the trend line comes the break of former support in the .9850 area. As you can see from the chart example, the break of the
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! The trend for the EURUSD has been in a downward move since last November. The pair has found support just under 1.2900 and has pressured higher so far this year. Could this be the beginings of a longer push…
Trading on Fridays As always we do like to stress caution when trading on a Friday. In that past several weekends we have seen the market gap considerably. Too avoid any stress you may want to use any entries made on Fridays as intraday rather than trying to weather the weekend storm. Bank Flow Level…