1.1862
1.2045
1.1802
1.1976
Bull overpowered Bear throughout this week. The pair continue its uptrend and at its highest in 5+ years. Strong support level at 60 SMA.
Start the week bullish, from the point it touch down the support. Monday gained 130 + pips.
Tuesday moving sideways with 40 pips up and 50 pips down in afternoon.
Wednesday start climbing 40 pips and down 70 pips to test the resistance level, but moved sideways again.
Thursday sudden dip of 180 pips. Bull came into action immediately to place above resistance. Printed a long green cross candle bar.
Throughout Friday moved side, but a bullish 70 pips followed by bear attack. However the resistance level of 60 SMA is honoured.
his week's my positions:
Long: 4
Total Gain or Loss USDCAD = 321 PIPs
1.2045
1.1802
1.1976
Bull overpowered Bear throughout this week. The pair continue its uptrend and at its highest in 5+ years. Strong support level at 60 SMA.
Start the week bullish, from the point it touch down the support. Monday gained 130 + pips.
Tuesday moving sideways with 40 pips up and 50 pips down in afternoon.
Wednesday start climbing 40 pips and down 70 pips to test the resistance level, but moved sideways again.
Thursday sudden dip of 180 pips. Bull came into action immediately to place above resistance. Printed a long green cross candle bar.
Throughout Friday moved side, but a bullish 70 pips followed by bear attack. However the resistance level of 60 SMA is honoured.
his week's my positions:
Long: 4
| Lot | Profit/Loss | Lot X Pips |
| 5 | 76 | 380 |
| 5 | -12 | -60 |
| 3 | -15 | -45 |
| 5 | 23 | 115 |
| Net PIP Gain or Loss | 390 | |
| Lot | Profit/Loss | Lot X Pips |
| 3 | 17 | 51 |
| 5 | -15 | -75 |
| 3 | -15 | -45 |
| Net PIP Gain or Loss | -69 | |
Total Gain or Loss USDCAD = 321 PIPs
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