I may be early, however, we could be seeing the signs of a major reversal in the making. USD/CAD has turned long term to the long side for the first time since April of last year.
Jim
Jim
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DislikedI think we have another move of at least 60 pips to the downside but we have to break the strong support level which falls right on the mid Bollinger Band on my 4hr chart. Personally I sold at 1.4580 (the green line) and just waiting for my target to be hit which is around 1.4365 (the white line).
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DislikedYea that's true. I'm at 109 pips profit so far, i will lock in 35 pips and let it ride to my targetIgnored
DislikedTarget, what target, you talk about a 60 pip drop while the white line is 100 away; we got twin tweezers on the weekly and good rejection of the lTL on M30 and H1 plus the 150 on M30 and H1, coupled with massive buying on the news. Be greedy and you will end up with your SL.
Then again to each their own.Ignored
DislikedTarget, what target, you talk about a 60 pip drop while the white line is 100 away; we got twin tweezers on the weekly and good rejection of the lTL on M30 and H1 plus the 150 on M30 and H1, coupled with massive buying on the news. Be greedy and you will end up with your SL.
Then again to each their own.Ignored
DislikedWell done!!
I've downloaded the camarilla indicator but my numbers are showing up differently? Do I have to tweak it once I've downloaded it?
Also, does anyone have a link that I can use to read up on camarilla? Thanks in advanceIgnored
DislikedReached and breached!
Hey Doc! How are you? It has been a while since we spoke! Keep up the great postings with those cam level numbers. It lets me compare them to mine as I have to change GMTShift from 2.0, to 0.0 and now to -1.0, which hopefully will be the final setting on ACM. These cams are a thing of beauty. Hope your golf has been as good as your tradingIgnored
DislikedWe'll see what happens i guess. I've been trading this way for a while using high time frames and 7 out of 10 trades reach my overall target. Worst case in this scenario my SL gets hit and i'm out with 35 pips, still not badIgnored
DislikedTarget, what target, you talk about a 60 pip drop while the white line is 100 away; we got twin tweezers on the weekly and good rejection of the lTL on M30 and H1 plus the 150 on M30 and H1, coupled with massive buying on the news. Be greedy and you will end up with your SL.
Then again to each their own.Ignored
DislikedI agree with cloggie. It's crazy friday, and with us (in the states) having a 3-day weekend, better to be more protective of every pip you have.If you do want to roll the dice a little bit, I would switch my numbers if I were you. Meaning, I would lock in 75 pips of profit now and let set my sl to only allow me to loose 35 pips.
But that's just my 2pips
Thanks to Magix 1sc template and some sound advice from Kill(and if you didn't get my reply to your pm,again, thank you so much!!!) I got 30 pips last night (1AM here in boring North...Ignored
DislikedI agree with cloggie. It's crazy friday, and with us (in the states) having a 3-day weekend, better to be more protective of every pip you have.If you do want to roll the dice a little bit, I would switch my numbers if I were you. Meaning, I would lock in 75 pips of profit now and let set my sl to only allow me to loose 35 pips.
But that's just my 2pips
Thanks to Magix 1sc template and some sound advice from Kill(and if you didn't get my reply to your pm,again, thank you so much!!!) I got 30 pips last night (1AM here in boring...Ignored
DislikedI agree with cloggie. It's crazy friday, and with us (in the states) having a 3-day weekend, better to be more protective of every pip you have.If you do want to roll the dice a little bit, I would switch my numbers if I were you. Meaning, I would lock in 75 pips of profit now and let set my sl to only allow me to loose 35 pips.
But that's just my 2pips
Thanks to Magix 1sc template and some sound advice from Kill(and if you didn't get my reply to your pm,again, thank you so much!!!) I got 30 pips last night (1AM here in boring North...Ignored
Dislikedcrazy is right been on es all day trading the 1100 to 1085 band
all trades shown nicely on a 10 min chart . The sudden drop caught me by surprise but the no demand on 10 min before it at r had me in a sell anyway
then down to 1085 , just a squeak under and 10 min gave a shake out .. then up to 1100 before lcose where the 5 min gave a no supply then back to 1085. all in all a 60 point day ( 600 pip)
es ended on a no demand / upthrust kind of day right under key resistance. Based on the dialy i am expecting further weakness next week into 1050...Ignored