Forex Traders | Dynamic Trader Blog

A Dynamic Trader Blog - Forex Chart Pattern Signals

Thursday, 11 February 2010

EURCAD Triggered!

Good afternoon ladies and gentlemen

I hope it's been a great week so far with your trades being consistent with your Trading Plans and not irratic like these blizzards we are currently having in London! Yesterday I went into the gym with a beautiful blue sky and the sun shining above me although it was absolutely freezing! I came out to a blue sky and the sun still shining but my car was covered in snow! Why can't we come out to a freak heat wave!?! Anways as long as we have trading ........ happy days are here to stay!!

So to the EURCAD and my position got triggered in today and has immediately shot into profit! Below I have the 1 hour chart and we can see that price retraced to the 200 MA, which then gave it the momentum to break through the first S Line! Price is now under 50 pips away from the next S line and what we want is of course for price to break through this and to keep on heading South! We still have the same indicators in our favour as mentioned on Monday so it will be interesting to see how Price finished up the week!!



Yesterday I watched "Pay It Forward"! To be honest, I had never even heard of this film before! If you haven't seen it yet, I recommend that you do! One of my favourite quotes from the film is "The realm of possibility exists in each of you!"

Total Abundanceis our birth Right!

Zaheer Anwari