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UC

UC end of retracement resume uptrendI saw a very opinionated user in the forex chatroom who's holding a short position on this pair, saying that a) it's on a downtrend and b) it's heading towards 1.3000 level. Although I've never traded this pair before (I'm more of a GBPJPY guy), upon opening the chart and doing some analysis, it made me have a bullish bias and I think it's going back up to make a new high towards the 1.3490 level instead. Personally I'm not taking this trade since I'm not familiar with UC, but I just wanted to publish my view and have a shot at picking the bottom of a supposedly UC retracement. I normally post Ideas on GBPJPY, check them out if you like trading this pair
Long
by toughael
1
Swing on USDCAD, Choppy pair ? We'll seeThis is not a trading advice neither are my other posts. I have an entry short on the pair since yesterday, see previous post. Supposedly UC is less volatile and easier pair to swing, for what I've read on the web. Let see if my TA and the fundamentals align ? If you think I am wrong or anything constructive to say please comment ! I am willing to learn as far as I want to share ! Share a thumbs up if you read till here and follow I will do the same for you ;) Good trading ! Carlos
by TheRealCarlosP
2