Forex can only be understood backwards, but it must be traded forwards.
- #11,522
- Apr 13, 2020 4:08am Apr 13, 2020 4:08am
- Joined Mar 2010 | Status: Trader | 5,930 Posts
Forex can only be understood backwards, but it must be traded forwards.
- #11,523
- Apr 13, 2020 4:12am Apr 13, 2020 4:12am
{quote} hi Luciano, thx for advice I'm open for all possibility long, short.... in this case short having more probabilities than long AUDCAD price is in Jail Box 0.88723 - 0.88225 breaking up 0.88723 should lead to 0.89400 without any resistance braeaking down 0.88225 should lead to 0.87929 - 0.87152
Alright good luck mate, but probably it's gonna fly up till break up, i suggest u to stay long on this and enjoy the profit
- #11,524
- Apr 13, 2020 4:30am Apr 13, 2020 4:30am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #11,525
- Apr 13, 2020 4:33am Apr 13, 2020 4:33am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #11,526
- Apr 13, 2020 5:02am Apr 13, 2020 5:02am
- Joined Mar 2010 | Status: Trader | 5,930 Posts
Alright good luck mate, but probably it's gonna fly up till break up, i suggest u to stay long on this and enjoy the profit
I was long from 03.30.
AUDCAD - update here we are watching 0.87255 breaking could lead to 0.89081
AUDCAD CAD is overstretched (sell) expected pullback to 0.87152 - 0.86897 than up to 0.88225
can you elaborate more about why to buy, any targets....
thx
pro7
Forex can only be understood backwards, but it must be traded forwards.
- #11,528
- Apr 13, 2020 6:21am Apr 13, 2020 6:21am
- | Membership Revoked | Joined Oct 2019 | 4,890 Posts
Good day everyone in this room.
Jusy to clarify for AUDCAD. Bias reversal sell trade is coming.
More downside to come as I can see WTI Oil will head north soon to $30 - $33 if that is so means CAD will be strong. I could be wrong but will see.....
Will start to trade tomorrow as market are having thin holiday and thin liquidity.
Cheers to everyone.
Stay healthy.
Jusy to clarify for AUDCAD. Bias reversal sell trade is coming.
More downside to come as I can see WTI Oil will head north soon to $30 - $33 if that is so means CAD will be strong. I could be wrong but will see.....
Will start to trade tomorrow as market are having thin holiday and thin liquidity.
Cheers to everyone.
Stay healthy.
10% buy 10% sell 80% waiting
Greetings fellow traders.
Ive shorted a couple of AUS pairs, interesting fact, it was the second fastest moving currency in the world across the back of last week, against EUR and CAD, though I think I have enough opinions on AUSCAD that we should leave that alone
Ive also increased my stake on EURGBP
and am now keeping keen tabs on EURJPY, which looks primed to go long and seems to forming a 'Shark Fin Long' formation, though it doesn't reach all the criteria due to the holiday period and as result will probably wait a couple of hours until NY opens to see how that effects PA.
As always, any advice is welcome, happy trading
Ive shorted a couple of AUS pairs, interesting fact, it was the second fastest moving currency in the world across the back of last week, against EUR and CAD, though I think I have enough opinions on AUSCAD that we should leave that alone
Ive also increased my stake on EURGBP
and am now keeping keen tabs on EURJPY, which looks primed to go long and seems to forming a 'Shark Fin Long' formation, though it doesn't reach all the criteria due to the holiday period and as result will probably wait a couple of hours until NY opens to see how that effects PA.
As always, any advice is welcome, happy trading
- #11,531
- Apr 13, 2020 6:32am Apr 13, 2020 6:32am
- Joined Feb 2011 | Status: Trader | 6,018 Posts
EURCAD
Looking for stronger CAD this afternoon maybe?
Looking for stronger CAD this afternoon maybe?
- #11,532
- Apr 13, 2020 6:59am Apr 13, 2020 6:59am
{quote} there are my view on AUDCAD I was long from 03.30. {quote} exit long and reload until price hit TP {quote} I don't see any reason why I should buy AUDCAD R:R is to low. can you elaborate more about why to buy, any targets.... thx pro7
- #11,533
- Apr 13, 2020 7:15am Apr 13, 2020 7:15am
- | Membership Revoked | Joined Oct 2019 | 4,890 Posts
10% buy 10% sell 80% waiting
- #11,534
- Apr 13, 2020 7:16am Apr 13, 2020 7:16am
- Joined May 2018 | Status: Tadpole | 2,719 Posts
Stay green!!!
- #11,537
- Apr 13, 2020 7:53am Apr 13, 2020 7:53am
- Joined Mar 2018 | Status: Trader | 4,611 Posts
Patience, let the trade come to you.
Here is a friendly warning, markets are getting wilder and wilder. If you don't know what you are doing, stay away. I know your mouth waters when you see 300 pip swings but do keep in mind that it can be -300 pips for you as well. Doesn't mean when market is open we have to trade in this thin liquidity situation. Risky and no clear direction yet.
- #11,539
- Apr 13, 2020 7:56am Apr 13, 2020 7:56am
- Joined Mar 2018 | Status: Trader | 4,611 Posts
Patience, let the trade come to you.
- #11,540
- Apr 13, 2020 8:21am Apr 13, 2020 8:21am
Good morning to everyone, from the 39 F degree Midwest. Wind from the West South West at 24 mph
I am still long on the GBP/USD waiting on the 1.26000 to be reached, hoping it happens in the next few days time but patience will hopefully bring profit
