The full version of this report with daily F/X setups and real-time email alerts is available here for $20 per month <h1>Dollars & Sense</h1><br> Good Morning, Traders!!! And Welcome to <strong>ShadowTraderPro F/X Trader. </strong> Thursday, the U.S. Dollar moved lower tracing out what looks like the final touches of the wave C decline. The index is due for a bounce to at minimum the 85.00 level. So we still await a five wave move higher to confirm that the wave C bottom is in and the trend has in fact changed to up. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090320USD.GIF"> Yesterday, the <b>EUR/USD</b> retraced lower before thrusting higher to what likely will be the top of this last move. The pair clearly has completed five waves up and is due for at minimum a correction down to the 1.3400 level. Our <i>Short Idea</i> for this pair has a trigger at 1.3650, stop at 1.3711 and a target at 1.3400. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090320EUR.GIF"> The <b>USD/CAD</b> looks to be following the other pairs as it too is correcting higher. We are targeting the 1.2500 level for the completion of this move, thereafter, we will assess whether there has been a change of trend back to up. We need to allow more of the pattern to develop before we can confirm that the trend has changed back to the upside. If we see a high probability setup, we will alert you here or in an intra-day email alert. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090320CAD.GIF"> Thursday, we sent an intra-day email alert to short the <b>GBP/USD</b> at the 1.4535 level for a move lower to the 1.4200 level. We are maintaining our stop at the 1.4600 level for now, however, once the pair has moved below the 1.4434 level, we are recommending moving the stop to break even. Currently, the pair is up 54 pips. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090320GBP.GIF">
The full version of this report with daily F/X setups and real-time email alerts is available here for $20 per month <h1>Dollars & Sense</h1><br> Good Morning, Traders!!! And Welcome to <strong>ShadowTraderPro F/X Trader. </strong> Monday, the U.S. Dollar fell slightly lower but with stochastic's oversold we're still on the look out for a move to the prior wave iv and the 38.2% fibo at 85.00 level. Once that level is reached, we will assess the structure to determine if the wave C low will remain as a long term or short term bottom. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090324USD.GIF"> The <b>EUR/USD</b> pushed below the 1.3512 level warning us that a lasting high has been established at 1.3739. The pattern since that high has been choppy and overlapping which gives the feel of a correction rather than the start of a new impulsive (five wave) decline, however, we could be seeing wave 1's and 2's subdividing before a significant wave 3 gets underway to the downside. We will give the benefit of the doubt to the bearish case as long as the 1.3739 high remains intact. If we see a high probability setup, we will alert you here or in an intra-day email alert. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090324EUR.GIF"> The <b>USD/CAD</b> pushed lower on Monday but did not make a new low below the 1.2186 level. We have adjusted the count to include the possibility that the pair may be pushing to a new low. Our target for that low is the 1.2120 level, where wave .v would be equal in length to wave .i. Once that level is hit, we will look for a long setup off that low. If we see a high probability setup, we will alert you here or in an intra-day email alert. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090324CAD.GIF"> Monday our short setup on the <b>GBP/USD</b> was not triggered as the pair followed our alternate count and made a marginal high above the 1.4600 level. We have adjusted the count to include the recent price movement. The pair should be in the initial stages of a move lower towards the 1.4300 level, therefore, we are adjusting our <i>Short Idea</i> with the trigger at 1.4550, stop at 1.4600 and target at 1.4300. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090324GBP.GIF">
The full version of this report with daily F/X setups and real-time email alerts is available here for $20 per month <h1>Dollars & Sense</h1><br> Good Morning, Traders!!! And Welcome to <strong>ShadowTraderPro F/X Trader. </strong> Tuesday, the U.S. Dollar continued to work its way higher towards our target of 85.00, hitting a high for the day at 84.78. The pattern still isn't clear as to whether we're dealing with a simple correction or the start of the next leg higher. So for now we remain cautiously bullish. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090325USD.GIF"> The <b>EUR/USD</b> pushed lower yesterday, breaking that shelf of support that surrounded the 1.3512 level. If our count is correct, the pair should be in the early stages of a third wave down that should take us to the 1.3000 level over the near term. So as long as the wave C high of 1.3739 remains intact we will expect this pair to work its way lower. Our <i>Short Idea</i> has a trigger at 1.3440, stop <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090325EUR.GIF"> The <b>USD/CAD</b> pushed slightly lower on Tuesday just below the 1.2200 level but failed to make a new low. We will hold off calling for a rise higher as we allow the pair to probe lower to complete wave .v near the 1.2120 level. This move lower should be the completion of a wave e of a larger triangle that when complete should lead to a significant rally higher. If we see a high probability setup, we will alert you here or in an intra-day email alert. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090325CAD.GIF"> Tuesday, our short setup on the <b>GBP/USD</b> was not triggered as the pair seems to be either topping or working on one more down up sequence to complete wave v of c. Either the pair will thrust higher from current levels to complete wave v or lower to complete a wave iv down then a v up. So the high probability trade goes to shorting the pair just under recent support at 1.4644. Our <i>Short Idea</i> has a trigger at 1.4630, stop at 1.4700 and target at 1.4400. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090325GBP.GIF">
The full version of this report with daily F/X setups and real-time email alerts is available here for $20 per month <h1>Dollars & Sense</h1><br> Good Morning, Traders!!! And Welcome to <strong>ShadowTraderPro F/X Trader. </strong> Wednesday, the U.S. Dollar continued to work its way higher but still did not hit our target of 85. The move so far has been chopping and overlapping indicating a correction. So far the action has not given us a clear picture of the indexes intentions. So for now we remain cautiously bullish. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090326USD.GIF"> Our short setup on the <b>EUR/USD</b> was triggered and stopped out for a 60 pip loss. The pair seems to be subdividing into 1's and 2's lower. As long as the 1.3739 level is not exceeded, we will stick with that count...looking for lower levels to be achieved. If we see a high probability setup, we will alert you here or in an intra-day email alert. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090326EUR.GIF"> The <b>USD/CAD</b> continued to ride the trend line that was drawn on the chart Tuesday, not yet breaking lower to complete wave .v down. The rise off the trend line has been choppy and overlapping indicating a correction, so we will stick with our outlook for a thrust lower to complete the count. If we see a high probability setup, we will alert you here or in an intra-day email alert. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090326CAD.GIF"> Wednesday, our short setup on the <b>GBP/USD<b> was triggered and stopped out for a 70 pip loss. The pair bounced higher than we had anticipated but proceeded lower hitting 1.4511. Our target of 1.4400 for the completion of wave iv down is still on the table. Once this level is reached, we will consider a long setup for the return trip higher in wave v. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090326GBP.GIF">