Still singing a "Loonie" tune?!

Good evening ladies and gentlemen

I hope you all had a wonderful day in the markets and managed to get what you deserve through your own analysis and SM entries! It's been a beautiful day in terms of the weather here in London and I hope you managed to get some sunshine in your day too!

So let's get on with this and have a look at our girl for the week, the Loonie. If you went in on a swing trade from yesterday you would still be singing a lovely tune by further bagging just under 200 pips today. Congratulations if you did! As aniticipated, price is heading towards the RN and is now just short of 1.2oo. Are the indicators suggesting anything we should be aware of? Is MACD creating higher highs? Is RSI nearing the mid point line? Whats are the signal lines doing on Stochastics? I will leave it for you to do your own analysis and manage this trade accordingly.!
So as always lets have a further look at today's action and see if there were any Day Walker set ups for us non swing traders to jump into. And we were not disappointed! Below is the 15 min chart and as always I looked for the C.O.E that rarely lets me down. Divergence on MACD, 123886 and a significant candlestick, namely a spinning top, all timed their appearances to near perfection. I mechanically bought my ticket for the "Short" journey towards the RN and was handsomely rewarded.




Price, since the close of play today, has been retracing! Could this be as far as it will go in relation to the RN or is their still further strength in a move south!? Only time will tell!

As always the best rewards are achieved through your own analysis! You should all have created and are sticking to a set of personalised trading rules that you will refine as you progress and master the art of trading! I hope you have all written this contract to yourself out or atleast in the process of doing it!?

Yeah sorry Rich I didn't write out the words. I had to get home for the match!! Yeah it was a top match and it is a shame we were on the wrong side of it but to be honest I want the title!! Maybe it's a blessing but if Utd go out tonight who knows!! I would like to see a Barca Gunners final from a neutral point of view!

Spot on with your answer mate for my riddle. Very appropriate to this "art" that is now a big part of our lives!

The answer to your riddle is a complete stab in the dark and I am going to go with "Change is a little thing that makes a big difference!"

My riddle for today is "What don't I _____?"

Till Tomorrow

Abundance is your Birth Right

Zaheer Anwari