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- zegakai replied Jun 12, 2009
I was aiming for that earlier today. But it didn't want to come down yet. Also, check out the inside bars on UJ on daily chart. I'm thinking a break up, but a retest of 97.0x is possible too.
- zegakai replied Jun 12, 2009
Hey, I just want to thank BRV and all the others who've helped me and given me advice on improving my trading. This is a really terrific group and I've learned a lot. I just put one thing I learned into practice: being flexible and not trying to ...
- zegakai replied Jun 4, 2009
A crude rally is what I'm expecting actually. Gold as well. The double bottom is rather shallow and only appears clearly in lower tfs.
- zegakai replied Jun 4, 2009
USDCAD — I'm short from 1150. Target 0800. E/U can't seem to make up its mind. Got stopped out for small losses both ways. Good thing I didn't play full lots. I got mixed signals all day.
- zegakai replied Jun 2, 2009
Geithner comes through again. Whenever deflation seems to want to creep in, he steps in to make sure the dollar gets inflated into orbit: url = He's going to the heart and is convincing China to help rebuild the bubble. My dollar shorts thank him.
- zegakai replied Jun 2, 2009
It doesn't look like we'll get much action until news release. I wonder what Geithner is saying over in China this morning?
- zegakai replied Jun 1, 2009
Bankruptcy means the government will probably be on the hook for at least another $100 billion (probably more) when all's said and done. How can that possibly be good for the dollar? A dollar bounce would be in spite of GM.
- zegakai replied Jun 1, 2009
EURGBP — I took a short on e/g this morning at 8640 but it seems like it has stalled. 8600 seems to be the real support. I moved my sl to b/e. PS: Thanks to BRV for this thread and the new chat feature on his site. I feel a bit more confident ...
- zegakai replied Jun 1, 2009
USDCAD — I would be very cautious here. Though I agree it looks like a good pinbar setup, there is a very strong down trend pushing this thing and I've seen many levels of support disrespected by this pair. I would recommend tight stops and ...
- zegakai replied May 22, 2009
Don't misunderstand, strat. The EUR/JPY was my trade alone and I traded a signal (GBP/JPY) off my friend because I trust him. I've learned to fish on my own just fine. He's moved on to crab fishing and spearing. I've tried to learn that too but it's ...
- zegakai replied May 22, 2009
Yup, that's what the daily says to me too. I hope to ride it up there using the 4h. I definitely want less stressful trading though so here's to working the daily. I look forward to your guidance on the EU. I'll see if we match up next week.
- zegakai replied May 22, 2009
You're probably right. I set my eyes low because I wanted a really good position if carried into this long memorial day weekend. Thanks for your insight on these pairs. I trade mostly crosses (weird, isn't it?). Hey, it's a great way to learn by ...
- zegakai replied May 22, 2009
Don't ask me to justify that one though. I didn't see a thing. He works off a bunch of weird data and a wider range of time frames. Said he was 80% sure so, what the hey (threw a standard lot on there, I figure both pairs are roughly going in the ...
- zegakai replied May 22, 2009
I took the trade along with long GBP/JPY. I had a disagreement about which was the better trade with this semi-mentor of mine based in London. So, I compromised and took both. (he's not a pro, just been doing this a bit longer than me)
- zegakai replied May 22, 2009
My favorite pair, EUR/JPY, is looking like it wants to break up soon. I've made quite a few pips off its recent ranging. Anyone else watching? Opinions?
- zegakai replied May 22, 2009
This looks clearer in a 4h chart. There's always a possibility it could break even higher but that's why I trade in only one direction normally (unless it's clearly ranging). Not going to pick a top. I just think: "If this is the top, what would I ...
- zegakai replied May 22, 2009
EUR/USD — So, anyways... I attached an image of where I think possible retracements will go to. The lower line is probably a pipe dream. But the upper is both a previous point of strong resistance and a 50% retracement (my fave) of this move ...
- zegakai replied May 21, 2009
Not that I'd advocate the approach. It's just pretty cool that the one time I was in a trade before he spoke, he didn't let me down. The other times, I shorted the dollar afterwards.
- zegakai replied May 21, 2009
He's the only fundamental indicator I might play regardless of technicals, lol. I shouldn't have been worried. He's worked for me every time.
- zegakai replied May 21, 2009
Yeah, I use FxStreet. Good thing it broke through. I was pretty sure it would, but... I've been wrong before.