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Ole Hansen
Outrageous Predictions 2017 is out today and there could be a nasty correction facing copper in 2017 all the way down to $1.25/lb as hopes for a stimulus-led revival of demand are dashed..
Squawk / 04 October 2016 at 11:31 GMT
Hypothesis Testing
United Kingdom
Ref the USDCAD...chart is End of Day / Daily.
Clearly we are rising within a defined channel but seasonals suggest an impending drop.
A break above 1.3200 implies the rising trend continues (yellow line) otherwise my suspicion is that we follow the orange trajectory shown.
04 October
zefy zefy
Thanks, I was being too greedy here. Now flat and watching how it develops.
04 October
zefy zefy
Great chart too.
04 October
Qi2 Qi2
I should start trading USDCAD :)
04 October
fxtime fxtime
It is usually a good market to be trading on a regular basis imho :-)
04 October
fxtime fxtime
I should also say ...although my chart is showing linear movement this is one marketplace that meanders all over the place to get to any destination LOL.
04 October
zefy zefy
LOL I have noticed that. And also remember you mentioning nothing in this business moves linearly.
04 October
fxtime fxtime
Oh so true...nothing in this game is linear including your trading account balance LOL.
It has been an exceptionally good week so far though :-)
04 October
zefy zefy
Seems it has triggered long again...
04 October
zefy zefy
Now trailing...
04 October
zefy zefy
It started wandering again so closed with some butter on bread.... Will rebase now.
04 October
fxtime fxtime
Good call....too many good traders lose out due to the meanderings of markets. If you have a profit ...keep it.

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