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- trylikeafool replied Jul 19, 2013
How is the data negative? Expectations were met or exceeded for the most part. Also, if it's negative for CAD as you mentioned, wouldn't that be bullish for USD, causing the bull trend to continue? I hope you're right though, because I'm short this ...
- trylikeafool replied May 9, 2013
Well, there we go. Wishing I had kept my initial position at 100.20. Crap.
- trylikeafool replied May 9, 2013
Eh, got in on the break of 100.80, but out now. I'd rather keep my money in my pocket and wait for a better entry price on a retrace. Picked up a couple of pips. Remember folks...there will always be another opportunity.
- trylikeafool replied May 9, 2013
Trade balance number is bullish for pair, but bank lending was slightly better than expectations, and no signs of major foreign bond purchasing yet. Seems to be a mix of data.
- trylikeafool replied May 9, 2013
I'm waiting to see if it breaks the 100.70 area and have a long order at 100.80. Nearly triggered a half-hour ago. Looks like maybe some consolidation before the next move up?
- trylikeafool replied May 9, 2013
100.68 is April 2009 high...gotta chew through those sell orders. Put in another buy at 100.80 should it gets past that high.
- trylikeafool replied May 9, 2013
Went ahead and took profit at 100.55. Looking to get back in at a good level. Maybe put in another buy order around 100.75 or 80.
- trylikeafool replied May 9, 2013
Stalling at 100.68...gotta get past that and then it's skyward.
- trylikeafool replied May 9, 2013
No kidding. I was in at 100.20. Looking to move to BE hopefully soon.
- trylikeafool replied May 9, 2013
Well, what do you know. Hopefully it follows through.
- trylikeafool replied May 9, 2013
There are a lot of sell orders to chew through at 99.90 apparently, so it depends on whether the bulls are ready for the fight yet. I've got a pending buy order a little above 100 should it go, but I can't say that I'm not skeptical this will go. It ...
- trylikeafool replied May 9, 2013
Been watching John Kicklighter's analysis of this pair on DailyFX, and he believes that if it breaches 100, it's gonna shoot up immediately because of all the buy and stop orders sitting right there...plus the expectation's been building for months. ...
- trylikeafool replied Apr 25, 2013
Can you explain what the "upward pointing pennant" indicates? I'm not familiar with those candle shapes. I'm hearing a lot of talk that USD/JPY will make a run for 100 after the BOJ meeting today. Whether or not it breaks remains to be seen. ...
- trylikeafool replied Apr 23, 2013
Haha...I was short off the 1H at 99.20 when the tweet came. Managed to book +43 pips before it bounced back.
- trylikeafool replied Feb 5, 2013
I would PM you, but I'm too junior of a member to have that privilege So, if you limit yourself to 320 pip profit, how are you gonna get to the 1.3900 level? I think I'll keep my stop where it was originally and wait for a higher move to ...
- trylikeafool replied Feb 5, 2013
Thanks for the advise. I probably won't end up trading this with my live account as I've been on demo for the past three weeks trying to iron out my trading style/strategy. I'm really starting to like swing trading and taking profit on moves that ...
- trylikeafool replied Feb 5, 2013
I got in on this last night at the pullback - entered 1.2978. My goal is to trade this thing up through the same TP areas that 100pips pointed out. It's on demo, but I'm tempted to put real money into this pair because I do think there are a lot of ...
- trylikeafool replied Jan 4, 2013
I got in at 114.38 last night and road it out until the end of the day today. If it wasn't for the weekend, I would have stayed in a little longer. Probably could have stayed in and made another 100 pips. Perhaps next week will provide an ...
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