I have been short since the UTL, well since the break of the ascending channel.
I am @ a +- 45 pip gain right now.
Reaching S2.
Hope it keeps going down.
I am @ a +- 45 pip gain right now.
Reaching S2.
Hope it keeps going down.
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DislikedI have been short since the UTL, well since the break of the ascending channel.
I am @ a +- 45 pip gain right now.
Reaching S2.
Hope it keeps going down.Ignored
DislikedHi Aediaz & Guy's.
Good see that this thread is still Alive I just read it, lot of excellent post here. Well done well put onIgnored
DislikedHey guys,
I have been following this pair very carefully lately and indeed it has been very profitable to me at least.
Monthly - Descending channel. Very solid.
Weekly - Descending channel. Also very solid.
Daily - Symmetrical Triangle.
H4 - Inside the triangle currently upwards towards daily's triangle UTL.
Triangles are very safe to trade inside them. However, the desecending channel on weekly was touched on Nov. 7, 2007 and began its way back up towards the UTL.
Thereore, I am not sure as of now if price will be bouncing inside the triangle until it hits the UTL for a safe bounce back downwards or if it will break the triangles UTL.
What do you guys think?Ignored
DislikedHi All,
btw, this is a good site for information about oil, if someone is interested:
http://www.theoildrum.com/Ignored
DislikedWow I visited the site theoildrum.com and directly from that site I went to Energy Export Databrowser (http://www.mazamascience.com/OilExport)
China have increased imports by 12% from 2005 to 2006. It would be nice to see the increase last year but now guess how it will increase this year.
We had the earthquake in China and we will have the Olympic Games this summer too.
The demand for oil in China must be huge.Ignored
DislikedI'm looking for currently area to hold. Let's see how price develop. Make sure you don't give back that nice amount of pips !
G/J working technically good so far. Possible resistance around 213.50 but only time will tell. A good movement (upward) is in favor if price continue to trade above 210, IMO.Ignored
DislikedHey Aediaz,
What happened to GBPJPY??? I was asleep and just woke up. My stop loss was hit as well as my reversal (sell) was triggered!!!
Was is just a correction? I thought we had a solid break???
Now I am back to trading inside the formation.Ignored
DislikedHi All,
Hi Jupiter,
i looked at the USD/CAD and there is much pressure from the bulls, now its getting interesting because...
On Weekly, it is near the 65 sma, but has enough space above till it gets to the weekly trendline.
On Daily you can see very bullish slope, stoch is ouverbought but it seems bulls dont care, on daily we get near the high on 22.1 and since we are overbought there could be resistance, from there it could decide if the bulls or the bears will win the fight.
so cad is related to oil? then why is it, that USD/CAD is raising lately? shouldnt it be falling instead?
btw, this is a good site for information about oil, if someone is interested:
http://www.theoildrum.com/Ignored
DislikedHey Aediaz,
What happened to GBPJPY??? I was asleep and just woke up. My stop loss was hit as well as my reversal (sell) was triggered!!!
Was is just a correction? I thought we had a solid break???
Now I am back to trading inside the formation.Ignored
DislikedWoah. You have to accept the losses as well. its a part of this dangerous business. Now see the screenshot with reason why G/J Go against youIgnored
DislikedHi All,
looks like indecision about the dollar ... for now, but there are news ahead about the USD, new york open ahead
and the dollar index looks like on a critical point.Ignored