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USDCAD trend reversal?

  • #641
  • Jun 12, 2007 3:42pm Jun 12, 2007 3:42pm
Short to 40, if it hits the 2nd line up (600) that's fine too, even better to long it.

Strange how well the markets are moving right now, not that I'm complaining.
  • #642
  • Jun 12, 2007 3:42pm Jun 12, 2007 3:42pm
Quoting cesarnc
Boy, you need a break huh?
just messing with you.

damn. you catch on fast. what happened to the cesarnc i know. you are no fun anymore.

whatever.
BAM BAM BOOM! -bravado
  • #643
  • Jun 12, 2007 3:49pm Jun 12, 2007 3:49pm
Quoting bravado
just messing with you.

damn. you catch on fast. what happened to the cesarnc i know. you are no fun anymore.

whatever.
You too are a pain lately. Where is the bad mood? The gigantic and compulsive losses, the annoying posts? You're not fun anymore either

  • #644
  • Jun 12, 2007 3:57pm Jun 12, 2007 3:57pm
Quoting cesarnc
You too are a pain lately. Where is the bad mood? The gigantic and compulsive losses, the annoying posts? You're not fun anymore either

the old cesarnc i know is back.
(golf clap)
BAM BAM BOOM! -bravado
  • #645
  • Jun 12, 2007 4:04pm Jun 12, 2007 4:04pm
Quoting cesarnc
Where is the bad mood?
never in a good mood.

i don't think i ever used a smiley in my life.
BAM BAM BOOM! -bravado
  • #646
  • Jun 12, 2007 4:11pm Jun 12, 2007 4:11pm
Quoting bravado
never in a good mood.

i don't think i ever used a smiley in my life.
oh, but you should...



See? It's fun
  • #647
  • Jun 12, 2007 4:12pm Jun 12, 2007 4:12pm
Quoting cesarnc
oh, but you should...



See? It's fun
grrr.. now i'm going to have nightmares.
BAM BAM BOOM! -bravado
  • #648
  • Jun 12, 2007 4:24pm Jun 12, 2007 4:24pm
Quoting shadeslay
Strange how well the markets are moving right now, not that I'm complaining.
is it that hard to believe that market knew i was back and wanted to accommodate me.
BAM BAM BOOM! -bravado
  • #649
  • Jun 12, 2007 4:57pm Jun 12, 2007 4:57pm
Tightening stop to low 80's, not liking the PA, if it breaks the 80's will look again at 700. Hoping to re-enter long in the 40-50, off a bounce of the TL or lower TL at 600.
  • #650
  • Jun 12, 2007 5:00pm Jun 12, 2007 5:00pm
I went long but it is already -15 now. The market always goes against me.
When I buy it, it moves down. When I sell it, it moves up.
  • #651
  • Jun 12, 2007 5:46pm Jun 12, 2007 5:46pm
Quoting pujolshomerun
I went long but it is already -15 now. The market always goes against me.
Man, you gotta quit this signature or quit trading. No way you can go to the market with this mindset.
  • #652
  • Jun 12, 2007 5:48pm Jun 12, 2007 5:48pm
Quoting pujolshomerun
I went long but it is already -15 now. The market always goes against me.
The downward trend line was right there at 680 which is close the the 5/30 daily low of 686, the trend was kind of steep which means they generally run out of momentum quicker. The odds were against it breaking through this time.
  • #653
  • Jun 12, 2007 7:01pm Jun 12, 2007 7:01pm
Not looking good for a retrace. Sticking with it though, with an 8pip stop.

Still could bounce off the upper trendline.
  • #654
  • Jun 12, 2007 10:11pm Jun 12, 2007 10:11pm
it's just taunting my stop loss
  • #655
  • Jun 12, 2007 10:14pm Jun 12, 2007 10:14pm
Quoting pujolshomerun
I went long but it is already -15 now. The market always goes against me.
-15 isn't that big a deal. What level are you using for your stop loss?

Also, keep your eyes on AUD/CAD, GBP/CAD, EUR/CAD as well. It will help give perspective to the market strength that the CAD has in it.
The market is my nation. Traders, my family. Hello, brothers and sisters!
  • #656
  • Jun 13, 2007 3:07am Jun 13, 2007 3:07am
Yes. It is going up again. Go Go Go!!!!
When I buy it, it moves down. When I sell it, it moves up.
  • #657
  • Jun 13, 2007 3:33am Jun 13, 2007 3:33am
Yep that it is stopped out at for -8, like clockwork hit that that line up and took off. Major down TL in the 770 range. A couple of past highs in the 40-55 area, not much in the way other then that.
  • #658
  • Jun 13, 2007 3:39am Jun 13, 2007 3:39am
0790 first hurdle, should consolidate or even retrace a bit there
  • #659
  • Jun 13, 2007 6:03am Jun 13, 2007 6:03am
usd core retail in about 1.5 hrs.

still holding to my long with more troops added @ 0680 level.
BAM BAM BOOM! -bravado
  • #660
  • Jun 13, 2007 6:28am Jun 13, 2007 6:28am
On the daily chart posted showing fib retrace levels of this great run south

It does look bullish currently USD/CAD- a possible target could be the 23.6% fib Level. Aroung 1.0850. Also yesterdays bar with the red arrow looks a good bullish bar to me and is worth a long.

Could have got in at approx 1.0670
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