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#SaxoStrats
The big news seen overnight was the energy sector creeping higher as shares broke through January highs on the rally in crude oil prices.
Squawk / 05 June 2018 at 5:51 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
USDCAD - Suport of key average points higher
Against a background of bullish signals for sentiment for this week yesterday began with selling pressure. That decline took USDCAD back to the 13 day mvg avg but, importantly, that point was not broken. The resulting rebound was not extensive but enough to create a mildly positive bias. So with these factors as a backdrop, this morning’s call is Bullish
we look to Buy at 1.2930 and 1.2900 targeting 1.2968 (where risk can be raised to breakeven), 1.2985 or even 1.3019.
The stop is 1.2873 offered.
Time frame, intraday, closing 4pm London time
1y
JVKNL JVKNL
Good morning Alan, lets see if i can buy at 30 or 00.
1y
alki alki
Good morning Alan. All is well i hope.
1y
JVKNL JVKNL
I bought at 32
1y
JVKNL JVKNL
Am I the only one buying??
1y
alki alki
@JVKNL Would that shake your trust in this trade setup? .-)
1y
JVKNL JVKNL
@alki YES
1y
JVKNL JVKNL
@Alki, or NO.
1y
JVKNL JVKNL
@Alki, you have a better idea for today? If so, why on this squawk?
1y
alki alki
Relax, man. I was just joking.
1y
marran marran
I'm in on this trade, but looking at it on 1hr chart it looks like its just going to trade in range today and it may take a day or so to reach the targets. Still, what do I know! lol
1y
JVKNL JVKNL
Ok, thank you marran.
1y
AlanCollins AlanCollins
Given lack of momentum suggest reducing longs 1.2950 or above. Stop raised to 1.2914. Buy dip cancelled
1y
marran marran
momentum seems good at the moment
1y
alki alki
Good job, Alan; first target reached.
1y
JVKNL JVKNL
Wow, that was again very good seenby Alan. I sold at 68 btw. Thank you Alan
1y
JVKNL JVKNL
If i only knew how to put a stoploss sell with THE GIRO
1y
AlanCollins AlanCollins
tks guys
1y
Romanatrader Romanatrader
Hi Alan, another great call, super...you are genius
1y
geirth geirth
Great! I am still in, hope for 1.30!! Have moved S/L to 1,2950.

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