This Elliott Wave blog is dedicated to sharing Fibonacci ratios and other technical analysis for forex signals, index futures signals, options signals, and stock signals. Elliott Wave Principle puts forth that people move in predictive patterns, called waves. Identify the wave counts, and you can predict the market.
Friday, March 4, 2016
Taking Profits on Half EURCAD
For EURCAD, I'm closing half my position with over a 100 pip profit and moving the remaining position's stop loss to break even at 1.4660. Also dropping take profit to 1.4830 which is only a little over 30 pips away.