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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
I am giving gold one more opportunity to break support of 1132/1134 before I close this position. I am growing increasingly concerned this will turn into another AUDUSD. It's bounced off this level four times already today,
Usd/cad pair seems to be heading for breakout at 1.0260 testing the lows 1.0150
What do you think is happening with USDCAD
regards
Ashraf
GPB/USD often moves with a predictable-ish pattern, as Ashraf has indicated many times.
Although I don't (necessarily) believe the past is any guide to the future, if you can spot a pattern that others haven't spotted (or exploited), it could be your personal gold mine. Don't expect it to be bottomless though.
Good trading all. I won't be around for a while, but I'll be back! (I hope....).