Round up on the Loonie

Morning Dynamic Traders.

I would like to begin this morning with congratulating Saba for reaching her Milestone. I have been meaning to pass on congrates all week, but ended up getting carried away with my update and answering riddles. So well done Saba!

I hope you all had a good weekend and ready for another week of money making.

Today I am going to conclude the week of following the Loonie. I hope my last update helped you all to see ways of trading the Loonie last week, and I hope you are able to use it and put into practice on future trades.

The Loonie had an interesting week. We saw start in a bullish manner and then weaken halfway through the week and then ending with another bullish attack. We had a few opportunities to make money also, but the fun hasn’t ended yet. I’m going to sign off the Loonie with a question that I will revisit in a couple of weeks.

Question “What will the Loonie do next?”

Here is some food for thought.

Below is a daily chart. I have highlighted some important facts that might help answer the question.














The divergence, resistance line and RN are 3 very important facts of where price could be going. There are other signals see if you can spot them?

Keep in mind that the Loonie is still offering pips to catch, and once its decided where it wants to go, a lot of money will be available!

Happy Trading

Richard Monnery