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Tuesday, 21 June 2016

EURCAD Technical Analysis: 21 June 2016, Tuesday, 9.43pm Singapore Time

EURCAD Technical Analysis: 
21 June 2016, Tuesday, 9.43pm Singapore Time

Attached above is the technicals for EURCAD.
It is an illustration of using dy/dx in making judgements and programming into your trading algorithm or chart screening and technical judgement. It can be applied to stocks, equities, and just about any financial asset class. Hope it is useful for everyone out there. 
Acceleration down is increasing in gear (measure the dy/dx as above).
Bearish. 
Short executed. 


1 comment:

  1. Hi Don
    Is below chart the dx/dy method you wanted to share?
    How should we find Take Profits using dx/dy method?
    https://www.mql5.com/en/charts/5930693/eurusd-h4-trading-point-of
    If EURUSD is indeed dx/dy method, what is your view on your recent post Long EURUSD now?
    Btw are you still Short in EURCAD?
    Thanks.

    ReplyDelete