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USDCAD trend reversal?

  • #881
  • Jun 20, 2007 6:16am Jun 20, 2007 6:16am
Quoting cesarnc
100 hours EMA at the 50% fib (0718-0612), where price is stalling. If shorts are not more favoured than longs, at least have better R:R right now.
are you kidding me. there are heck loads of retail sellers for this pair atm. not many longs.

too bad they can't move the market.
BAM BAM BOOM! -bravado
  • #882
  • Jun 20, 2007 6:36am Jun 20, 2007 6:36am
I'm wondering if i should add one more .1 short at this level or wait to see ?

Waiting is probably the safest option, i dont like to add to a loosing position when there is no swap to gain
  • #883
  • Jun 20, 2007 6:38am Jun 20, 2007 6:38am
some stupid cad news out in about a hour.
BAM BAM BOOM! -bravado
  • #884
  • Jun 20, 2007 6:41am Jun 20, 2007 6:41am
Quoting bravado
some stupid cad news out in about a hour.
all news are stupid... Why give monthly report ? Heck, that does not mean sh*t on a worldwide scale !!!

The fastest should be quarterly and that would be definitely enough...
  • #885
  • Jun 20, 2007 6:43am Jun 20, 2007 6:43am
Quoting melpheos
all news are stupid... Why give monthly report ? Heck, that does not mean sh*t on a worldwide scale !!!

The fastest should be quarterly and that would be definitely enough...
woah. that would truly make fx a technical traders haven and make fundamental traders useless.
BAM BAM BOOM! -bravado
  • #886
  • Jun 20, 2007 6:48am Jun 20, 2007 6:48am
Quoting bravado
some stupid cad news out in about a hour.
Some useless info you already know: The casino is about to open within 43 minutes ... ha ha ...
always expect the unexpected!
  • #887
  • Jun 20, 2007 6:51am Jun 20, 2007 6:51am
sorry bro not looking good for that long now, although the news could be in your favor, it was on the lower side of expectations last few times. I just went short myself, the pa is too good to pass up, nice tight stop in case the news has an impact.
  • #888
  • Jun 20, 2007 6:54am Jun 20, 2007 6:54am
Quoting shadeslay
..not looking good for that long now..
noooo..
BAM BAM BOOM! -bravado
  • #889
  • Jun 20, 2007 6:56am Jun 20, 2007 6:56am
http://www.w3bdevil.com/forums/No-Darth_Vader.jpg
BAM BAM BOOM! -bravado
  • #890
  • Jun 20, 2007 7:00am Jun 20, 2007 7:00am
Quoting melpheos
I'm wondering if i should add one more .1 short at this level or wait to see ?

Waiting is probably the safest option, i dont like to add to a loosing position when there is no swap to gain
i would sit on my hands if i were you. to late?
  • #891
  • Jun 20, 2007 7:14am Jun 20, 2007 7:14am
Is that a bear flag I see formed since the low of 06/04? I got a few pips shorting from the top of it recently. I am wondering if the price will touch the top again or fail from here (or a bit higher) and then drop thru the bottom of the flag. Is this the new that will spike and then fail?
  • #892
  • Jun 20, 2007 7:19am Jun 20, 2007 7:19am
Quoting bravado
noooo..
Is what I just said, damn demo is cheating me.
  • #893
  • Jun 20, 2007 7:31am Jun 20, 2007 7:31am
Quoting shadeslay
Is what I just said, damn demo is cheating me.
Below forecast data I look for a test of the 1.0750 level
Patience + Humility + Study = Success
  • #894
  • Jun 20, 2007 7:31am Jun 20, 2007 7:31am
so much for PA, the news prevails
  • #895
  • Jun 20, 2007 7:32am Jun 20, 2007 7:32am
stupid news
  • #896
  • Jun 20, 2007 7:34am Jun 20, 2007 7:34am
can't be too sure unless it reaches 1.1100.
BAM BAM BOOM! -bravado
  • #897
  • Jun 20, 2007 7:35am Jun 20, 2007 7:35am
The key is the 1.0698 level thats the SMA
Patience + Humility + Study = Success
  • #898
  • Jun 20, 2007 7:36am Jun 20, 2007 7:36am
Quoting cesarnc
stupid news
crappy shitty news !!!

Dumped... Rhaaa the signal was so good.... calice et tabarnak !!!
  • #899
  • Jun 20, 2007 7:39am Jun 20, 2007 7:39am
i suppose youre happy now bravado?!
  • #900
  • Jun 20, 2007 7:43am Jun 20, 2007 7:43am
aye it was a good short signal going on, it still could form. And ya I concur 700 is the magic number. Although I don't see this news making that point. Just enough to mess up any good move down for now.
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