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USDCAD trend reversal?

  • #1,181
  • Jun 28, 2007 4:41am Jun 28, 2007 4:41am
Quoting viking
it will go up so please be wonder :
Sorry but i don't feel i can laugh, i am breathing from my ass here.
R.Ozkan 1984 İzmir-Turkiye
  • #1,182
  • Jun 28, 2007 4:57am Jun 28, 2007 4:57am

It's stuck on resistance level, i wonder if it will go down or go up.

R.Ozkan 1984 İzmir-Turkiye
  • #1,183
  • Jun 28, 2007 4:57am Jun 28, 2007 4:57am
longs taken at 52 i expect anthor small dip lower maybe
"Millionaires don't use astrology, billionaires do"
  • #1,184
  • Jun 28, 2007 4:58am Jun 28, 2007 4:58am

Quoting OrionsWay
longs taken at 52 i expect anthor small dip lower maybe
Oohh... Thx thx. That comforted me. If it doesn't go up and keeps goind down, i won't be only loser.

R.Ozkan 1984 İzmir-Turkiye
  • #1,185
  • Jun 28, 2007 5:02am Jun 28, 2007 5:02am
lookin for support around 20 or so
"Millionaires don't use astrology, billionaires do"
  • #1,186
  • Jun 28, 2007 5:04am Jun 28, 2007 5:04am

I hope it can't break 47 resistance level and we don't have to expect 20's support.

R.Ozkan 1984 İzmir-Turkiye
  • #1,187
  • Jun 28, 2007 5:41am Jun 28, 2007 5:41am
take a look on my images

Attached Image



Attached Image (click to enlarge)
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  • #1,188
  • Jun 28, 2007 6:31am Jun 28, 2007 6:31am
Hey guys,
I think the DOWNTREND is BACK. What do you think?
Rgds
t.
always expect the unexpected!
  • #1,189
  • Jun 28, 2007 6:32am Jun 28, 2007 6:32am

I don't understand a lot from charts. But if i understood accurately after this downturn it must start raising again.

R.Ozkan 1984 İzmir-Turkiye
  • #1,190
  • Jun 28, 2007 6:37am Jun 28, 2007 6:37am
Quoting tiku
Hey guys,
I think the DOWNTREND is BACK. What do you think?
Rgds
t.
A quick picture to clarifying this ... (see below)
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad2.jpg Size: 103 KB
always expect the unexpected!
  • #1,191
  • Jun 28, 2007 6:40am Jun 28, 2007 6:40am

So what's your minimum level if it keeps going down? 1.0550's?

R.Ozkan 1984 İzmir-Turkiye
  • #1,192
  • Jun 28, 2007 6:44am Jun 28, 2007 6:44am
Quoting rozkan

So what's your minimum level if it keeps going down? 1.0550's?

Not for today, because we are almost up to the daily range. Maybe tomorrow, if you want to hold i for so long. I cover partly at 620 and 600. I am expecting a bounce from threre.
always expect the unexpected!
  • #1,193
  • Jun 28, 2007 6:46am Jun 28, 2007 6:46am

I hope it bounces from 620's or 600's. What kind of bounce you expect? 70 pips? And what do you expect for next three days?

R.Ozkan 1984 İzmir-Turkiye
  • #1,194
  • Jun 28, 2007 6:56am Jun 28, 2007 6:56am
Quoting rozkan

I hope it bounces from 620's or 600's. What kind of bounce you expect? 70 pips? And what do you expect for next three days?

Well you never know with the Looney

I am managing the trade from what I see. It could move up 60-70 pips from now. The 4H Stoch RSI is in oversold position. If it happens, I dought a further downtrend (that's why I did pose this question at the beginning).

If it falls below the 600 level today or at night, I am expecting much lower figures at 1.0500 and below. Then the overall downtrend seems picking up.

Rgds.
t.
always expect the unexpected!
  • #1,195
  • Jun 28, 2007 7:04am Jun 28, 2007 7:04am
How about that ?
Attached Image (click to enlarge)
Click to Enlarge Name: cad, 6-28.gif Size: 9 KB
  • #1,196
  • Jun 28, 2007 7:14am Jun 28, 2007 7:14am
Quoting JimboFX
How about that ?
Could very well be. You never know in advance. I am off anyway. Covered all shorts after a decent profit, because I have learnt bitterly not to stress the daily range. Tomorrow we will see and I will post an update.
always expect the unexpected!
  • #1,197
  • Jun 28, 2007 7:19am Jun 28, 2007 7:19am
Quoting JimboFX
How about that ?

Jimbo thats what i am seeing as well but a 1or A 2orB thinking more along the lines of a w2, should be massive 3 or C though, they have lots of AMMO short covering to fuel this move north should it become reality.
"Millionaires don't use astrology, billionaires do"
  • #1,198
  • Jun 28, 2007 7:41am Jun 28, 2007 7:41am
hi u must have seen my morning recommendation i have mentioned that it will break 1.0647 level now it breaked that level so u will se 1.0545 level very soon
  • #1,199
  • Jun 28, 2007 7:44am Jun 28, 2007 7:44am
Took a long at 106.21 just after the news at 0830edt...tp 106.51 day trade
Proper Prior Planning Prevents Piss Poor Performance
  • #1,200
  • Jun 28, 2007 8:25am Jun 28, 2007 8:25am
Quoting FxJarhead
Took a long at 106.21 just after the news at 0830edt...tp 106.51 day trade
Are you still holding it? It's around 106.20's right now.
R.Ozkan 1984 İzmir-Turkiye
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