2010 profit + 1179, 2011 + 971

2010 January +236, February +22, March +190, April +198, May +607, June +63, July 0, August -50, September +62, October -240, November +114, December 0,


2011 January +388, February - 80, March 0, April -114, May 0, June -15, July +433, August 0, September +260, October +253, December -154


2012 January +365, February 0, March +236, April +203, May 0, June 0, July





TRADING FOREX MARKET

The fact is that pattern exist is evidence of price manipulation, which in turn creates predictability that produces profitability for those who can see the patterns.

Greggory L. Morris

Friday, March 19, 2010

USDCAD (+79)


with oil, gold, and indices moving lower on european open USD/CAD moves close to 200 SMA. Pair is in the strong downtrend and multiple charts so shorting the pair on a 200 SMA resistance looks like a good opportunity. US markets are bound for a bumpy ride since we have quadruple witching. This happens on the third Friday of every quarter and is the simultaneous expiring of stock index futures, stock index options, stock futures, and stock options.This should not be ignored. Trade is supported with Slow Stochastic divergence as well. Stops should start above 200 SMA and first profit targets to start at 1.0100 and bellow.
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