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- eurgbpaud replied Sep 3, 2012
For this week USD/CAD may test 0.9800. The direction would be decided either on Wednesday (CAD data) or on Friday (USD data). Most likely move: up.
- eurgbpaud replied Aug 25, 2012
For this week there is a chance USDCAD may test last week's low. After that it should move up.
- eurgbpaud replied Aug 21, 2012
Reversal may not be confirmed until early next week. It may test 0.9800 this week.
- eurgbpaud replied Aug 19, 2012
That could happen on Monday or Tuesday.
- eurgbpaud replied Aug 17, 2012
I see the double bottom at 0.9799 from late April 2012. The reversal zone is now likely to be around 0.9800 plus or minus 30 pips.
- eurgbpaud replied Aug 17, 2012
As long as there is not an extreme and fast price move your system might do well. Otherwise your account will go to zero or negative.
- eurgbpaud replied Aug 15, 2012
You may be right. But we do not know yet if that new low is the low of the day or the low of the week or the low of the month or none of the above.
- eurgbpaud replied Aug 15, 2012
I am betting that it is less likely than going higher. I have a long position.
- eurgbpaud replied Aug 15, 2012
I think that the probability of going lower by 100 pips in the rest of the week is low.
- eurgbpaud replied Aug 15, 2012
It looks like USDCAD will stay near current levels for 2-3 days and then make a clear up or down move.
- eurgbpaud replied Aug 13, 2012
My only open position is long USDCAD. So far so good.
- eurgbpaud replied Aug 12, 2012
You are correct; I shouldn't have included the word "usually" when writing about AUDUSD and USDCAD. USDCAD also looks great to me but the big players would have to agree with that.
- eurgbpaud replied Aug 10, 2012
I think usually when AUDUSD goes up USDCAD goes down and vice versa. If I had believed that AUDUSD is more likely to go up I would not have taken a long USDCAD position. AUDUSD is just below a trendline since early August 2011 and I assume it will ...
- eurgbpaud replied Aug 10, 2012
I still believe the probability is higher for USDCAD to go up from here. Similarly, AUDUSD is more likely to go down.
- eurgbpaud replied Aug 10, 2012
So far it looks like a good call Zappa !
- eurgbpaud replied Jul 11, 2012
I took a short EURUSD position at 1.22587 at 4:15am NY time. Shortly after, it rose to 1.22962 Now trading around 20 pips below that Trade to be closed before 5pm NY time.
- eurgbpaud replied Jul 11, 2012
Zappa and Nif90: My signals allow for trading up to around 12 hours, otherwise I risk a counter-move. You both are correct; I closed early because as I write this (5:39am NY time) USDJPY is trading at 79.249
- eurgbpaud replied Jul 10, 2012
Update on my short USDJPY position: I took a short position at 79.438 from 08:10am NY time I closed the position at 79.412 at 04:33pm NY time. Expected a deeper fall but to no avail. Now searching for the next trade.
- eurgbpaud replied Jul 10, 2012
usdjpy — I am short USDJPY at 79.44 since 8am NY time. Should exit after a few hours. Is there anyone else long or short the yen?
- eurgbpaud replied Jul 10, 2012
Thanks — Thanks for your honesty. Hopefully FF will not expel you for being honest. You are right: some posts are not worth reading. On the bright side, some posts are very good, even showing how they reached their trading decision.