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  • #11,941
  • Jun 4, 2009 10:54am Jun 4, 2009 10:54am
Quoting jack.canadia
Long USDCAD?
Roger that
  • #11,942
  • Jun 4, 2009 10:58am Jun 4, 2009 10:58am
Quoting Ferrari
Roger that
Stalled at 0950 .. added after 5 min pin bar
  • #11,943
  • Jun 4, 2009 11:03am Jun 4, 2009 11:03am
Quoting jack.canadia
Long USDCAD?
I took it for a few points, thanks for the heads up Jack. I've had my head buried in the EUR/USD too much to look around lately.
  • #11,944
  • Jun 4, 2009 12:22pm Jun 4, 2009 12:22pm
Long USDCAD again? Took the first one for +50 now re-entering
Attached Image (click to enlarge)
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  • #11,945
  • Jun 4, 2009 12:30pm Jun 4, 2009 12:30pm
Quoting jack.canadia
Long USDCAD again? Took the first one for +50 now re-entering
I'm leaving this alone. The 75 point reaction off an hour line was nice but I'd like to see a stronger level or bigger initial bounce before double dipping.

Good luck!
  • #11,946
  • Jun 4, 2009 12:41pm Jun 4, 2009 12:41pm
I'm short from 1150. Target 0800.

E/U can't seem to make up its mind. Got stopped out for small losses both ways. Good thing I didn't play full lots. I got mixed signals all day.
  • #11,947
  • Jun 4, 2009 1:31pm Jun 4, 2009 1:31pm
Quoting zegakai
I'm short from 1150. Target 0800.

E/U can't seem to make up its mind. Got stopped out for small losses both ways. Good thing I didn't play full lots. I got mixed signals all day.
Might be lucky to get a triple bottom .. But with a double bottom in place already, the chances are slim.

She couldnt pass the 61.8% of the rise from 1.08 so unless oil rallies I dont seen it back there anytime soon.
  • #11,948
  • Jun 4, 2009 1:42pm Jun 4, 2009 1:42pm
Just wanted to say hello .. I been lurking here since the beginning of thread and felt the need to register and post here.

By the way BRV ,love the chat room , it's nice getting realtime interaction even if we do deviate a bit from topic.

I'll post charts and comments here, I feel like I can contribute now.
  • #11,949
  • Jun 4, 2009 2:45pm Jun 4, 2009 2:45pm
Quoting jack.canadia
Might be lucky to get a triple bottom .. But with a double bottom in place already, the chances are slim.

She couldnt pass the 61.8% of the rise from 1.08 so unless oil rallies I dont seen it back there anytime soon.
A crude rally is what I'm expecting actually. Gold as well. The double bottom is rather shallow and only appears clearly in lower tfs.
  • #11,950
  • Jun 4, 2009 3:36pm Jun 4, 2009 3:36pm
Quoting zegakai
A crude rally is what I'm expecting actually. Gold as well. The double bottom is rather shallow and only appears clearly in lower tfs.
Very true .. Crude above $70 will help.

1.08 may represent a good buy again. NFP friday may help us choose a direction.

A daily double bottom and then MACD bullish divergence will confirm some upside for us. I would like to see 1.15 again this summer
  • #11,951
  • Jun 4, 2009 3:52pm Jun 4, 2009 3:52pm
here is a eur/jpy @ 137.35-137.40

anyone with opinions on this one? on the 1hr TF, price hit this level 3 times with a false breakout. On the 4 hr TF, march/april price also hit this price and dropped almost 1500 pips.

I was a bit late and took a short at around 137.20.
Attached Image(s) (click to enlarge)
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  • #11,952
  • Jun 4, 2009 4:38pm Jun 4, 2009 4:38pm
Potential spike base approaching. Happens to be the 38.2 % fib of the decline from 2.11 - 1.35.
Attached Image (click to enlarge)
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  • #11,953
  • Jun 4, 2009 7:01pm Jun 4, 2009 7:01pm
Quoting magicforex
here is a eur/jpy @ 137.35-137.40

anyone with opinions on this one? on the 1hr TF, price hit this level 3 times with a false breakout. On the 4 hr TF, march/april price also hit this price and dropped almost 1500 pips.

I was a bit late and took a short at around 137.20.
well price is currently around 136.80-90 region , I reckon it's got more juice in it .. let's see if Asia pushes it lower. Still if entry from 1.37.35-40 , even 137.20 has yielded a few pips so i guess it's all good. Let's see this sucker drop.
  • #11,954
  • Jun 4, 2009 8:40pm Jun 4, 2009 8:40pm
Quoting magicforex
here is a eur/jpy @ 137.35-137.40

anyone with opinions on this one? on the 1hr TF, price hit this level 3 times with a false breakout. On the 4 hr TF, march/april price also hit this price and dropped almost 1500 pips.

I was a bit late and took a short at around 137.20.
I've been watching this one too. I favor the downside.
  • #11,955
  • Jun 4, 2009 8:55pm Jun 4, 2009 8:55pm
Great thread, Thanks
  • #11,956
  • Jun 5, 2009 12:31am Jun 5, 2009 12:31am
Pointing to a move lower.....support levels lower still can get tested though; not necessarily an explosive breakout:
Attached Image (click to enlarge)
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  • #11,957
  • Jun 5, 2009 12:40am Jun 5, 2009 12:40am
Quoting BillyRayValentine
Pointing to a move lower.....support levels lower still can get tested though; not necessarily an explosive breakout:
Already +40 pips lower....that wasn't so hard, was it?
  • #11,958
  • Jun 5, 2009 12:59am Jun 5, 2009 12:59am
Triangle on USDCHF 1hr
Attached Image (click to enlarge)
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  • #11,959
  • Jun 5, 2009 1:46am Jun 5, 2009 1:46am
Went long near 1.6015 support. Anyone with me?

PS: Exact entry was 1.6026... Currently +16 pips
  • #11,960
  • Jun 5, 2009 1:48am Jun 5, 2009 1:48am
GBP outlook is bearish for sure
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