The Pound Canadian Dollar.

Good morning Dynamic Traders,

I hope some of you have been able to profit from this weeks posts and are managing them well.

So far from Monday's and Wednesday's posts there have been up to about 450 pips available, whilst Tuesday's at the time of writing is about breakeven.

Remember, management is vital to your success.

Again the image uploading issue is plagueing me and so I shall just write about the trade I am looking at.

It is of the GBPCAD on the four hour timescale and could possibly be showing a bearish flag formation whilst tagging the figure area and having RSI below 50, although this is rising albeit at a shallow angle.

The longer and shorter term trend is down on this timeframe and there are other confluences for you to find.

As always please ensure to do your own analysis before trading.

I have had notification through the post, that my electricity supply will be off tomorrow, next Friday and the following Thursday for 'Powerline Tree Cutting ' and so on these days there will be no updates.

Good luck, and have a great weekend.

Clayton Farnworth.