faylee的FX:USDCAD的Mid-long term short

Estimated Entry:$1.3697-$1.3733
Tp1:$1.348-1.315
Tp2:$1.287
Tp3:to be advised after breaking out $1.246

註釋

1H chart: broken the wedge, retrace $1.3697 go short

Daily chart: AB=CD pattern in placed

Monthly chart: Bearish Gartley pattern in place, short for wave C
Tg:$1.18735-$1.12088

交易進行

Effected at $1.37005

註釋

added short from 1.37378

註釋

4H chart: MACD bearish div., as long as it cross down, and price no making new high, go short.

註釋

The bounce was rejected by 1.37334 today(see above chart), and MACD now is crossing down, continue to go south soon.

註釋

1H chart: under resistant level $1.3713 is good for bear, potential “M” pattern in forming, once break neckline 1.364, will continue to go south

註釋

Update weekly chart: seems like Wave c just started

註釋

1H chart update: it's broken the neckline of "M", now pull back, still go short, once rejected

註釋

the everage cost is $1.3696, so far only have 126 pips, slow motion for this pair,
1H chart update: it is moving one the way as expected, heading wave v tg:$1.3565

Daily chart update: daily candle bars tell us next leg just started, high possibilities to hit our tg: $1.35.

手動結束交易

註釋

The price bounce too fast, so decided to take profits first, and review the trending in next week

註釋

4H chart update: It's hit Tp1,the support zone,more than 200pips now,will see some bounce from here,retrace $1.354 go short for tg:$1.34-1.33

交易進行

entry 1.35222

註釋

It's more than 100pips,wave 3 likely come to an end, I took profits first. And wait for a bounce to short again.
4H chart update: likely retrace 1.3445-1.3465,then go u turn

註釋

1H chart update: the bounce just hit the resistant level in yesterday updated chart.
Now likely go U-turn.

交易進行

$1.3465

註釋

Daily chart update:
bear attack continuing, the bounce was rejected by $1.348, heading next tg:$1.329, once broke the trendline

註釋

4H chart update: wave 4 correction was rejected by channel ceiling $1.35, go short for wave 5, tg:$1.32

註釋

The daily closing candle looks bearish

註釋

Both weekly &Monthly chart tell bearish, if it bounce,I will still try to find entry for short

註釋

good chance to add more shorts here

註釋

added1.3519

註釋

4H chart update: once broke the channel bottom, next tg:$1.32

註釋

4H chart update: Likely will bounce to test $1.349

註釋

4H chart update:
short from 1.351

註釋

Weekly chart update: looking for more retracement

註釋

The senior vice president Wilkins of CBC said, they will assess the need to reduce the intensity of stimulus, mainly due to the recent economic growth.

註釋

Daily chart update:
Looking for a break out the support zone

註釋

This strategy has taken more than 1 month, not easy to hold the positions till now, bcos it was too swing in last month, some may doubt if the trending were still bullish. our live acct. is following the strategy as well, the initial positions have more than 400pips, it is not the most profitable strategy in our history strategy. But, if plus the scalping trades, we ttly got $970+pips for this trade. I should mention that the profits are half, or, less half from a successful strategy, another half or more than half from good operation and risk management. That's why trading is not easy for us.

1H chart update:
short term scapling strategy is retrace $1.335 go short to tg:$1.324 exit

交易結束：目標達成

It's very close to my tg:$1.324
i took profit at 1.3256 already and will wait for signals to sell on rally again.

註釋

the low for today is 1.3188, TP1 final:$1.315 ,all tg hit perfectly.

交易進行

short again $1.325
4H chart update:
see the revised wave counts, it's really a little complicated, bcos it swing for more than 1 year, and now just broken the channel.
i shorted for short term tg:$1.2972, mid term tg:$1.27-1.25

註釋

for long term time frame, the structure looked more clear, it seems still large room for the short strategy. pls refer to blow long term view:

註釋

4H chart update:
bounce to 1.329-1.33 go short

交易進行

4H chart update: retracement done, added shorts at 1.3296

註釋

4H chart, still good bearish looking, will add more short from 1.335.

註釋

move sl to BE and still holding.

交易進行

Fortunately the shorts from 1.3335 still there.
bearish trending continuing, short term bounce won't change the key trending.

註釋

and regarding this, you will get better rewards soon.

註釋

more than 100pips now, waiting for tg:1.303

註釋

already 270pips, very close to our tg:$1.303, go, go, go, jia you

註釋

target:$1.30382 reached perfectly, profit taken. and waiting for a bounce to short again

交易結束：目標達成

註釋

4H chart update:
Wave iii likely completed here,will see some bounce

註釋

4H chart update:
Waiting for a retracement to short again
estimated entry:$1.266-1.27

交易結束：目標達成

Tp3:$1.246 reached.
Let's watch it bounce

註釋

Totally 1277pips for this trade!!

交易進行

short again from 1.255-1.264

註釋

sl:1.272
Tp1:$1.249-1.241
Tp2:$1.232

交易進行

shorted $1.26

註釋

4H chart update: retraced our targeting price 1.2616
Tp1:$1.252
Tp2:$1.2272
Tp3:$1.21755

註釋

4H chart update:
This is a plan for 1-2 weeks, need to wait for the entry with a little patience.
see the chart:

交易進行

1st entry: 1.26778

註釋

It just hit the 2nd entry:1.273xx

註釋

1H chart update:

註釋

4H chart update:
Short again from $1.27557

註釋

more than 100pips already, move sl to breakeven.

註釋

4H chart update:
The crucial support$1.2636 was broken out firmly by a large bearish candle in yesterday, obviously the down trend continuing,heading next support level:$1.25632,and crucial support level $1.25134