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  • #10,281
  • Mar 31, 2009 4:49am Mar 31, 2009 4:49am
Quoting Shermenator
Hey Tori are you talking about the first purple line?
yep. that looks promising to me.
  • #10,282
  • Mar 31, 2009 4:58am Mar 31, 2009 4:58am
Quoting Tori
yep. that looks promising to me.

I am more intrested on it at a lower price...your level still good...but the lower price has more sell stops below it ...causing price to want to go an pick up those orders

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 27 KB
  • #10,283
  • Mar 31, 2009 5:01am Mar 31, 2009 5:01am
Sweet bounce here on the eur.

http://img12.imageshack.us/img12/1807/eur31mar09.png
  • #10,284
  • Mar 31, 2009 5:03am Mar 31, 2009 5:03am
Quoting Ferrari
Sweet bounce here on the eur.

http://img12.imageshack.us/img12/1807/eur31mar09.png
Yep it gave a bounce but its not a level of great proabbilty since the pair is a bitt well overvalued making the quick dips less sustainable...its not a level you want to get used to buying at
  • #10,285
  • Mar 31, 2009 5:35am Mar 31, 2009 5:35am
Sweet area to look to sell...

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 23 KB
  • #10,286
  • Mar 31, 2009 5:50am Mar 31, 2009 5:50am
what do u think about this level guys? EuroJpy

http://i241.photobucket.com/albums/f...irvan/eu-3.gif
  • #10,287
  • Mar 31, 2009 5:56am Mar 31, 2009 5:56am
The level is fine, I have 131.41, but I will not be taking a sell. I would rather wait for a drop and then buy in again. just my opinion because it is moving more strongly up than down today.
  • #10,288
  • Mar 31, 2009 6:01am Mar 31, 2009 6:01am
Alright I am short in the audusd...I will sell it if it goes a bitt higher as well...

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 23 KB
  • #10,289
  • Mar 31, 2009 6:18am Mar 31, 2009 6:18am
That is coming up to a master card level lol ...simply prieceless...

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 29 KB
  • #10,290
  • Mar 31, 2009 6:23am Mar 31, 2009 6:23am
Quoting onlyirvan
what do u think about this level guys? EuroJpy

http://i241.photobucket.com/albums/f...irvan/eu-3.gif
mantaff.. im on it.. -3 so far..
I draw a line for u... a support line.. not a resistance one..
  • #10,291
  • Mar 31, 2009 6:28am Mar 31, 2009 6:28am
Quoting left_trader
mantaff.. im on it.. -3 so far..
Nice trade, just took some pips to the bank on it.
  • #10,292
  • Mar 31, 2009 6:34am Mar 31, 2009 6:34am
gbpusd 15 min chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 23 KB
  • #10,293
  • Mar 31, 2009 6:39am Mar 31, 2009 6:39am
Alright its starting to react...

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 23 KB
  • #10,294
  • Mar 31, 2009 6:47am Mar 31, 2009 6:47am
Hey Shermenator. I took that usdcad buy trade but didnt hang in there. It did look good off that line for me. I am now in gbpusd for buy but will monitor closely.
  • #10,295
  • Mar 31, 2009 6:55am Mar 31, 2009 6:55am
Quoting Tori
Hey Shermenator. I took that usdcad buy trade but didnt hang in there. It did look good off that line for me. I am now in gbpusd for buy but will monitor closely.

Cool...I am looking to buy the gbpusd at aroung 1.42
  • #10,296
  • Mar 31, 2009 6:55am Mar 31, 2009 6:55am
Quoting Tori
Hey Shermenator. I took that usdcad buy trade but didnt hang in there. It did look good off that line for me. I am now in gbpusd for buy but will monitor closely.
Earliest USDCAD buy for me was 4hr support at 12514.

I'm currently short in AUDJPY from 6825
  • #10,297
  • Mar 31, 2009 6:58am Mar 31, 2009 6:58am
Quoting RedCabbage
Earliest USDCAD buy for me was 4hr support at 12514.

I'm currently short in AUDJPY from 6825
I got into usdcad at 12503. but jumped out not long after. was too slow at the time. could have stayed in.
  • #10,298
  • Mar 31, 2009 7:01am Mar 31, 2009 7:01am
Quoting Tori
I got into usdcad at 12503. but jumped out not long after. was too slow at the time. could have stayed in.

Good level to come in as in support or resistance...but your getting a bitt to close to price becarefull though...aslong as you manage it thats all that matters...
  • #10,299
  • Mar 31, 2009 7:14am Mar 31, 2009 7:14am
hi I am new to this thread but not new to trading and I read all the 600 plus pages and the pdf of BRV.
Why on cad you take the 1.2500 /1.2520 area as support and not the 1.2450
Seeing these levels looks more then an art or experience to me.
  • #10,300
  • Mar 31, 2009 7:28am Mar 31, 2009 7:28am
Quoting c49
hi I am new to this thread but not new to trading and I read all the 600 plus pages and the pdf of BRV.
Why on cad you take the 1.2500 /1.2520 area as support and not the 1.2450
Seeing these levels looks more then an art or experience to me.
I guess I will answer this in a way that is perhaps not technically correct in total, but I am looking at what the other charts are doing at the same time. I have lines drawn on 6 different charts, and when the relevant ones are moving off lines I have on them, at the same time as cad changes direction from a line I have drawn on that, I determine how quickly they are all moving, and whether I instinctively feel they are going to continue. In that way I will take a trade from perhaps a different level than someone who is only looking at the one chart will do. I cant explain it any other way. It is not always right of course, but it works often for me.
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