FOREX – CADUSD 240min Chart

Hi Everybody,

This is a follow up on a post Tony made to the Forum on the CADUSD – please see http://www.mtptrader.com/showthread.php?p=19969#post19969 where Tony highlighted that the CAD was at the maximum Wave 5 WPT and as such was at a high risk area for a high to unfold.

Well, that nailed the high perfectly and the CAD has declined nicely since.....

So this was a great example of a FOREX trade called “at the time” by Tony on the Forum :-)

Thanks, Steve