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- Wall_Street replied Dec 6, 2007
Eur/Usd — Rac, My thoughts are we are headed back to 4967 and above in the next month. First we will have to wait for Non-Farm to do it't thing tomorrow.
- Wall_Street replied Dec 5, 2007
Lowering rates — Tiki, You are right.....lowering rates is not good for a currency and usually once a central bank starts this process it usually follows it up with a few more over a course of 6 months to a year. Also Oil prices are a factor ...
- Wall_Street replied Dec 5, 2007
USD/CAD — Seeking, You took the words right out of my mouth. That is a very interesting question indeed. What is the trend on the USD/CAD? Well the move off the bottom is roughly 1158 (0.9056 to 1.0214) pips so far and retracments of that move ...
- Wall_Street replied Dec 5, 2007
Reason for possible pound weakness — Seeking, One of the main reasons in my opinion for the recent pound weakness is a possible change in monetary policy could be coming. The BOE has become more dovish in recent months. I know that is more of ...
- Wall_Street replied Dec 4, 2007
Very nice — Ademac, I would also like to say well done. You are an inspiration to all of us new to PA. I really like the part about setting your goals and rewarding yourself when you meet them. I also like how you add more money to your ...
- Wall_Street replied Nov 26, 2007
Nice job Tiki — Tiki, Couldn't have put it any better myself. I agree the EUR/CHF looks promising and the 6315 area is 78.6% of (6173 to 6827) for you fib fans. Also Daily 365 EMA is 6333 and previous congestion zone on daily is 6350/6305 ...
- Wall_Street replied Nov 26, 2007
Thanks Tiki — Thanks for the response Tiki. I was only asking because I do think pin bars in those type of set-ups "In Traffic" pin bars are still good ones some times. I need to get better at playing only the real good set-ups. All part of ...
- Wall_Street replied Nov 22, 2007
Happy Thanksgiving All — I would also like to say thank you to all the experienced veterans of PA that come on and post there ideas for all to learn.....you know who you are. Have a wonderful holiday everyone. I am very excited for what 2008 ...
- Wall_Street replied Nov 22, 2007
Ademac 4h pin bar example — Tiki, I am a little confused. Is this considered a good pin bar? It seems to be in some traffic maybe? I guess I was just wondering because I thought Ademac liked to look for the pin bars mostly at extremes? I am ...
- Wall_Street replied Nov 21, 2007
For Seeking — SL, Don't worry about it man. There will always be people out there that want to bring you down. The reason they do that is because they are jealous. Your pip totals are awesome indeed. I personally have not been able to reach ...
- Wall_Street replied Nov 17, 2007
Thanks Wizard — Wiz, Your added detail on the GBP/CHF was most helpful. I didn't realize all the other things this pair had going for it. Defiantly will be on my radar this coming week. Thanks buddy.
- Wall_Street replied Nov 17, 2007
TL's..........are they reliable? — Tiki, I think TL's work fine in conjunction with other indicators and S/R areas. The TL on the EUR/CHF is one from a weekly chart. These are usually stronger. Also if you look back when the pair sold off hard ...
- Wall_Street replied Nov 16, 2007
Raczekfx — Rac, You beat me to it. I have been stalking the EUR/CHF for the last week or so and the GBP/CHF looks very promising too. I agree if they close like they are shown in your charts we could see a nice upward rally starting next week. ...
- Wall_Street replied Nov 14, 2007
Trades tonight — Ademac, Would you mind sharing some of your plans for tonight? I am currently waiting for USD/JPY to retrace some more. Looking for around 112.50 area if we can get there for possible sell with PA of course. USD/CAD around ...
- Wall_Street replied Nov 14, 2007
Aussie pin bars — Ademac, I was looking at the AUD/USD daily pin bar too and thought it didn't look so bad. Yes it isn't at an extreme high and it is against the trend right now. I guess I am having a hard time finding anything to trade today. ...
- Wall_Street replied Nov 11, 2007
USD/CAD Weekly — For some reason it didn't post all my charts. So here is the weekly chart of the USD/CAD.
- Wall_Street replied Nov 11, 2007
USD/CAD Trade — Tiki, The USD/CAD is forming a nice weekly pin bar. Here is what I see. My weekly charts don't close until around 7 pm EST so there is still time for the pair to change. But assuming we close somewhere around were we are, you ...
- Wall_Street replied Nov 5, 2007
USD/CHF again — Mike & Tiki, Maybe I mis-spoke. I would only be looking to short the USD/CHF. I was just mentioning that I wouldn't be surprised if we got some retracment based on my oversold and devergent RSI. But Tiki brings up a good point ...
- Wall_Street replied Nov 5, 2007
USD/CHF — Mike & Tiki, I agree with both of you on this pair. I agree with Mike that I want to stay with the overall downtrend but I also agree with Tiki that a retracement is warranted. I show devergence with RSI and we have strayed a bit ...
- Wall_Street replied Nov 5, 2007
Some food for thought — Tiki, I love what you just said about making some great trades only to lose a good portion of that back with a lot of small crappy trades. I heard a saying along time ago that has helped me with over-trading. "A trader ...