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  • #1,161
  • Jul 27, 2008 11:14am Jul 27, 2008 11:14am
Quoting warta
hello ma man hows u mike
this is my cable view for the next week
happy trade mike take good care

Attachment

the easy 1st target is 2.0100 area
Hey Warta, Excellent chart man! That looks like it could play out exactly that way. I'm going to take a look at the weeklies then move down the line to see how and when I think this will move. I'll be writing back after I see how things pan out IMO. Good hearing from you man!
I dream, therefore I become.
  • #1,162
  • Jul 27, 2008 9:37pm Jul 27, 2008 9:37pm
Hi Mike,
I am using ODL MT4 platform and I observed another nice pin bar on July 24th. I think EUR/USD will go UP now. Do you observe that ?
  • #1,163
  • Jul 27, 2008 9:49pm Jul 27, 2008 9:49pm
iam with u leo i think that the eurusd will go up to hit 1.5730 have a nice time
Winners never quit and quitters never win. Vince Lombardi
  • #1,164
  • Jul 28, 2008 8:38am Jul 28, 2008 8:38am
Quoting leo9
Hi Mike,
I am using ODL MT4 platform and I observed another nice pin bar on July 24th. I think EUR/USD will go UP now. Do you observe that ?
Yep, I'm right in line with your thinking Leo. When I woke up this morning I noticed the same thing and so I am closing out the positions on the eur/usd and usd/chf. I haven't noticed too much indifference on the other pairs I've traded yet, but on the daily close I'll get to know more on the situation. Have a great day!
I dream, therefore I become.
  • #1,165
  • Jul 28, 2008 12:42pm Jul 28, 2008 12:42pm
Alrighty, Just a quick update. I've decided to close out of the usd/jpy longs now. Depending on which way the IB on the daily breaks for the nzd/usd, I will be closing it out as well. If it breaks to the upside, I'll close; if it breaks to the downside, I'll hold it open.

I also never updated on that cad/jpy trade. I closed it out a few days ago based on the 4 hour bullish pin bar. Man, I'm getting sloppy with these updates lol
I dream, therefore I become.
  • #1,166
  • Jul 28, 2008 12:57pm Jul 28, 2008 12:57pm
Quoting mike w
Man, I'm getting sloppy with these updates lol
No kidding Mike! I have had to make trading decisions for myself for sometime now. I'll be glad when you start posting more on your trades. The four signal services that I subscribe to are starting to eat up all my profits!
  • #1,167
  • Edited 5:54pm Jul 28, 2008 5:18pm | Edited 5:54pm
hello mike
E/U daily view

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i like to know ur view too
  • #1,168
  • Jul 28, 2008 5:57pm Jul 28, 2008 5:57pm
Quoting KissFan
No kidding Mike! I have had to make trading decisions for myself for sometime now. I'll be glad when you start posting more on your trades. The four signal services that I subscribe to are starting to eat up all my profits!
LOL Sorry Roger, I'll get on that STAT!

As for Warta's post, I'm not sure for the eur/usd although we did see a bullish pin bar on the daily which is why I closed my shorts out.

Excellent call on the gbp/usd too my man!

On the break of the bearish pin on the eur/jpy today, and I'll be entering a position short.

I'm also posting a short position on the eur/gbp based on today's close.

I'll be looking for 4 hour confirmation before going long on the aud/jpy. If I don't see any, I will not be taking a trade there. Same goes for the gbp/jpy.

Those are really the only solid trades I'm seeing for the moment.
I dream, therefore I become.
  • #1,169
  • Jul 28, 2008 6:04pm Jul 28, 2008 6:04pm
Quoting mike w
LOL Sorry Roger, I'll get on that STAT!

As for Warta's post, I'm not sure for the eur/usd although we did see a bullish pin bar on the daily which is why I closed my shorts out.

Excellent call on the gbp/usd too my man!

On the break of the bearish pin on the eur/jpy today, and I'll be entering a position short.

I'm also posting a short position on the eur/gbp based on today's close.

I'll be looking for 4 hour confirmation before going long on the aud/jpy. If I don't see any, I will not be taking a trade there. Same goes for the gbp/jpy.

Those are really the only solid trades I'm seeing for the moment.
tkx for ur support mike
am looking for a bullish move on E/U as u can see just bounce from the uper trend and form a nice reversal candle well we might see a small retrace then all the way up as i can see a nice trade on USD/CAD i will post my chart soon
cheeers my man i always take attention on ur comments tkx alot
  • #1,170
  • Jul 28, 2008 6:13pm Jul 28, 2008 6:13pm
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any comment ?
  • #1,171
  • Jul 28, 2008 10:24pm Jul 28, 2008 10:24pm
It looks like EURUSD is ranging for few weeks now and is not any definite trend. That's being said it looks like it will go bit higher and then will go back down again. Just my 2 cents.
  • #1,172
  • Jul 29, 2008 3:43pm Jul 29, 2008 3:43pm
Two trades got triggered last night on the eur/jpy and the eur/gbp which are both in profit at the moment and looking good.

I noticed there was a bullish pin bar in no man's land on the 4 hour chart for the eur/usd at 4 o clock and so I'll be going long on it once we see a break of that pin bar. The risk for this trade will be an all of 35 or so pips, which isn't really all that bad considering the amount to be gained if it plays out properly.

I'll be posting more once the daily bars come out and into play.
I dream, therefore I become.
  • #1,173
  • Jul 29, 2008 3:46pm Jul 29, 2008 3:46pm
Quoting warta
Attachment

any comment ?

Hey Warta, we have been in a solid bullish movement for the past 6 days now, and today looks like it will be closing as either neutral or bearish. That is showing me that the move is exhuasting itself. With some solid price action for the downside, on either the daily or 4 hour charts, I'll be going short on this pair. I would expect to target at least 1.0130 as that is a 50% fib retracement level, or if worst comes to worst, I will plan to exit on any bullish PA.
I dream, therefore I become.
  • #1,174
  • Jul 29, 2008 3:47pm Jul 29, 2008 3:47pm
I'm going to be placing a buy order on the gbp/usd as well as the eur/usd once we see these pin bars from the 4 hour charts break to the upside. We're at a PPZ for both.
I dream, therefore I become.
  • #1,175
  • Jul 29, 2008 5:53pm Jul 29, 2008 5:53pm
Shorting the usd/cad now and adding more to the position on the breakdown of today's bar. Stops are above the daily bar.
I dream, therefore I become.
  • #1,176
  • Jul 30, 2008 3:51am Jul 30, 2008 3:51am
Quoting mike w
Shorting the usd/cad now and adding more to the position on the breakdown of today's bar. Stops are above the daily bar.

hey mike hows u man am shorting cad sinse 255 area and still holding my 1st target 130 2nd 1.000
but am worried from the usa news today it may be good for $ and take this pairs up
what u think ?
  • #1,177
  • Jul 30, 2008 11:30am Jul 30, 2008 11:30am
Quoting warta
hey mike hows u man am shorting cad sinse 255 area and still holding my 1st target 130 2nd 1.000
but am worried from the usa news today it may be good for $ and take this pairs up
what u think ?
It took the pair up a little but just enough for me to get my other short triggered for the pair. I'm still looking at price as exhausted at this point and that we also need a retracement, if not a full correction.
I dream, therefore I become.
  • #1,178
  • Aug 1, 2008 9:19am Aug 1, 2008 9:19am
Update, the eur/jpy, nzd/usd, and eur/gbp trades are going excellent, however the usd/cad trades were stopped out for a loss.
I'll most likely be finally closing out the nzd/usd trades over the weekend as I would think this pair is close to exhaustion on this downmove.

I placed more trades yesterday evening, but haven't posted on them until now. We saw bearish daily closes on the eur/usd, gbp/usd, and eur/jpy (which I added to overnight). At the moment, these are in profit, but I doubt I'll be holding them very long depending on today's close.

The Euro seems to be having the most possibility of further downmovement IMO.
I dream, therefore I become.
  • #1,179
  • Aug 8, 2008 1:25pm Aug 8, 2008 1:25pm
Hey Mike missing the usual analysis ,suppose your on another vacation,lol
Anyway I would be V intested in your View of cable right now ,no doubt your short.
Do you think were at the bottom of a new range?
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,180
  • Aug 11, 2008 10:03am Aug 11, 2008 10:03am
Quoting Bones
Hey Mike missing the usual analysis ,suppose your on another vacation,lol
Anyway I would be V intested in your View of cable right now ,no doubt your short.
Do you think were at the bottom of a new range?

Hey Tone, you got it right man! I turned 21 on the 7th which was awesome so I went down to the beach for it. I'm not in any positions at the moment until I get back into the swing of things as I closed mine out right before I left.

I'm going to check out all the charts now and then post with my thoughts on it. Have a good one brother!
I dream, therefore I become.
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