My ideas on the FX markets and when it comes...
My ideas on the FX markets and when it comes...
EURCAD monthly chart also shows a breakout out of a downward sloping channel. Zoom in on weekly chart next to see something interesting setting up...
Zoom in on the retracement on the monthly chart back to the peak of the station and what we have is the weekly chart shown here. On the weekly charts, it looks like the retracement back to top of this monthly station is a traditional 4th wave ABC correction which will be accompanied by a rally.
An experiment 2 month back to see if I could do a Larry Willi, what you see is the good part... let us just say I ran 1000USD to over 35000USD in 1 month (over 3500% a month). What occurred after I will not mention
https://www.cliqforex.com/attachment...1321564367.doc
Let us see how it goes...
EURAUD seems to have broken from a multi year channel which began from 2001. Look for chances to buy this pair holding long term.
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