Well I must admit that cad has superior supp at 700 compering to all other pair staf that is unwinding now.
- #1,022
- Jun 22, 2007 8:12am Jun 22, 2007 8:12am
- | Joined Aug 2006 | Status: BORED trader | 2,388 Posts
BAM BAM BOOM! -bravado
- #1,023
- Jun 22, 2007 8:15am Jun 22, 2007 8:15am
- | Joined Aug 2006 | Status: BORED trader | 2,388 Posts
BAM BAM BOOM! -bravado
- #1,024
- Jun 22, 2007 8:20am Jun 22, 2007 8:20am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #1,026
- Jun 22, 2007 8:45am Jun 22, 2007 8:45am
- | Joined Aug 2006 | Status: BORED trader | 2,388 Posts
BAM BAM BOOM! -bravado
- #1,027
- Jun 22, 2007 9:28am Jun 22, 2007 9:28am
- | Joined Oct 2006 | Status: Trader | 1,012 Posts
1st target hit 
2nd is 1.0651
2nd is 1.0651
- #1,028
- Jun 22, 2007 9:32am Jun 22, 2007 9:32am
- | Joined Aug 2006 | Status: BORED trader | 2,388 Posts
1st target hit
2nd is 1.0651
BAM BAM BOOM! -bravado
- #1,029
- Jun 22, 2007 9:34am Jun 22, 2007 9:34am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #1,033
- Jun 22, 2007 10:46am Jun 22, 2007 10:46am
- | Joined Aug 2006 | Status: BORED trader | 2,388 Posts
BAM BAM BOOM! -bravado
- #1,035
- Jun 22, 2007 10:47am Jun 22, 2007 10:47am
- | Joined Aug 2006 | Status: BORED trader | 2,388 Posts
BAM BAM BOOM! -bravado
- #1,036
- Jun 22, 2007 10:50am Jun 22, 2007 10:50am
- Joined Mar 2007 | Status: we are stardust, we are golden | 1,364 Posts
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea
I have been watching this watching this thread since it started and the cad was at 1.11 and people where going long then. Maybe I'm missing something here, but why would you look at a 1 hour chart or a 15 min chart and go long on something that has been heading down for almost 4 months?
Small comment here
The Longer-Term Charts when in a long-term down trend
( Like in Usd/Cad ) these days will take longer to reach its upside targets !
1 hr bars adnd 15 min bars
will reach targets within a the day or within 3- 5 days .............
( if support holds going long )
Everyrthing is Proprtionate -
- Another thing to note is that
markets tend to fall at faster rate that they rise .
Down Trend = Fear
Uptrend = Greed
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Which is the Stronger Emotion ?............
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Here is a Long-term chart
MONTHLY CHART
-It took years for this decline to happen and more importantly there is no base built at the bottom yet
so now go and as Bravado what he thinks ....... He will also explain .
I'm long as well just a few minutes ago, expecting dollar gains against everything in the world. Good luck.
See This charts here ........
- a close above .0720 on the ( 1 hr bars chart ) should call in some more bulls ......
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Let's watch and see ......
