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Are the slanting lines come from a fib channel? If so, could you enlightened us how to plot it?
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DislikedOnly Close above 1.020... Daily or Monthly will confirm Bullish Scenario..
USD CAD has a Opposite Correalation with OIL...
Why Buy USD / CAD.....Unless OIL is gonna dip...which I doubt it...Prolly will see OIL at $200../ Barrell..next few years(2 years).
Here is USD/ CAD chartIgnored
Disliked137.30 area = fe 100 of the smaller degree of wave C target.
136.50 area = fe 161 of the smaller degree of wave C target.
also WPP is ar'd 136.50 lines up with lower tl of the lower tf (1hr).
if bounce then 142.50 area (or near) should be the target to the upside (161 fe).Ignored
Dislikedcheers
136.50 prior support looks good as potential downside target for bounce, keeping an eye on the channel ltl 136.10 area as well.Ignored
Disliked... What I am seeing is sterling weakness, since GU was falling nicely along with GY, and EG rising. Currently broken to 137.95, but not seeing any stopping volume, on what look to be comparatively large asia session volumes for these pairs, which I assume is primarily selling. Next stop 137.5.Ignored
DislikedGetting annoyed by the Asia PA - 138's held for now; have taken 1/4 profits from a large set of lots up @ 139.2 @ 138.1; will see what later PA brings, but if I have to return them to the bank, so be it. Sub 137 action tonight, and more will leave the fold.Ignored
DislikedGetting annoyed by the Asia PA - 138's held for now; have taken 1/4 profits from a large set of lots up @ 139.2 @ 138.1; will see what later PA brings, but if I have to return them to the bank, so be it. Sub 137 action tonight, and more will leave the fold.Ignored
Dislikedit has to go lower, this is what big guys built for the last couple of days. 138.30/40 is resistance, and i will look for more shorts from there.
below, there is 137.60/30; then 136.70; and then 135.45, the last frontier - below that, we can open again the pip parachute.Ignored
DislikedGetting annoyed by the Asia PA - 138's held for now; have taken 1/4 profits from a large set of lots up @ 139.2 @ 138.1; will see what later PA brings, but if I have to return them to the bank, so be it. Sub 137 action tonight, and more will leave the fold.Ignored
DislikedI should have bailed when you did, I had some nice little pips and and instead got be. May be the last time I trade Asia, the slow PA lulz you along too much.Ignored
DislikedHopefully you held on. Downage is starting. Looks like a Greek release where they said the rift between them & Germany is widening vs. getting better. Makes for juicy movement. EU plunged 30 pips, grabbed GU with it, and GJ quickly followed. Bring it on!Ignored
DislikedThe surge before the news spooked me out. I jumped back in though when it started dropping. It GJ still seems like it just doesn't want to leave that 138.Ignored
DislikedHi Grashid....We all are waiting for your update....where you are planning to load longs in gbp and gbp/jpy....and what do you think about going long in usd/cad for 100 pips
ThanksIgnored