Hello Everyone......
Quote:
From the 9/7/07 post on the Optimal Usd/Cad Buy Zone that we awaited to be activated...which was achieved in early London Session today...
We have a Usd/Cad Buy Zone forming @ 1.0405<>1.0425 off a Weekly 618 Fractal...with Time to assess and Position this Buy Zone with a current Low @ 1.0444...
Usd/Cad Buy Zone @ 1.0405<>1.0425...
Target ...Open.
Let's see if our Canadian Buy Zone is activated.
The Usd/Cad Buy Zone @ 1.0405<>1.0425 is activated with a current Low @ 1.0401...
Usd/Cad Buy's @ 1.0405<>1.0410<>1.0418 are activated...Key advance break @ 1.0485<>1.0525 onto 1.0550<>1.0600 Zone.
The Canadian still has a current Low @ 1.0401 as we had waited for 2 weeks for this potential Optimal Usd/Cad Buy Zone @ 1.0405<>1.0425 to develop and activate our Positions which was achieved over 48HRS ago as we flucuated inside this Buy Zone to advance to a current High @ 1.0443.
Key advance break @ 1.0450<>1.0485 heading North onto 1.0525<>1.0550 Zone.
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Our Usd/Cad Buy's are out of the Entry Zone with tests @ 1.0500 initially and 1.0465 currently as we are in the Support build in the Canadian @ 1.0450<>1.0485 Zone for the next Key advance onto 1.0525<>1.0550 Zone for tests @ 1.0600.
IRIS
FX