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  • #13,061
  • Aug 27, 2009 5:45pm Aug 27, 2009 5:45pm
Quoting booker66
hi sam , looks like there was a few pips to be had from 1.0660 up to 1.07 but i was at work .. tried a scalp when it returned down but stopped out for 15 pips.. just had another look .. whats happened to the dollar , taken a nosedive ?
Not sure, a little crazy today. I longed again at lows, trusting this support at least once more. We'll see if we can get some more upward movement.

It was a good level but that news freight train would have nothing to do with it. 1.07 was a great short, as you pointed out.
  • #13,062
  • Aug 29, 2009 8:11am Aug 29, 2009 8:11am
does anyone know the smtp server which i should fill in for hotmail for the 1st blank?

am i supposed to fill in my email for the smtp login? thanks
Attached Image
  • #13,063
  • Aug 31, 2009 12:05pm Aug 31, 2009 12:05pm
If we get down there, I'll be looking to long around 109. 61% Fib, Previous S&R

http://i24.photobucket.com/albums/c2...x/th_ucad1.jpg
  • #13,064
  • Aug 31, 2009 12:59pm Aug 31, 2009 12:59pm
Hallo....do you think would be fine also to look for S/R using line charts??
In the case of Usd/Cad would be 1.0827 where we have 61% Fib ret.
Attached Image (click to enlarge)
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Patience is essential
  • #13,065
  • Aug 31, 2009 6:13pm Aug 31, 2009 6:13pm
E/J looking good for a short at S/r and 61 fib on downward move.
Attached Image (click to enlarge)
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  • #13,066
  • Sep 1, 2009 6:17am Sep 1, 2009 6:17am
Quoting chazlanning
E/J looking good for a short at S/r and 61 fib on downward move.
you got a nice reward i guess
Patience is essential
  • #13,067
  • Sep 1, 2009 6:24am Sep 1, 2009 6:24am
Quoting yuan83
does anyone know the smtp server which i should fill in for hotmail for the 1st blank?

am i supposed to fill in my email for the smtp login? thanks
You'll probably get an answer in the rookies forum or programmers forum.
Gone to a better place
  • #13,068
  • Edited 7:30am Sep 1, 2009 6:55am | Edited 7:30am
[quote=sam0182;3008904]If we get down there, I'll be looking to long around 109. 61% Fib, Previous S&R

http://i24.photobucket.com/albums/c2...x/th_ucad1.jpg

hi sam , good call if u had a decent stop..
first resistance may be 110 to 110.20 area ..or possible retrace to 1.895 area .
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad4hr.gif Size: 20 KB
  • #13,069
  • Sep 1, 2009 7:15am Sep 1, 2009 7:15am
Quoting chazlanning
E/J looking good for a short at S/r and 61 fib on downward move.
great call... looking at possible test of support at 132.90 /132.62 range , or pullback to 133.66 for resistance .. worth a look.
Attached Image (click to enlarge)
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  • #13,070
  • Sep 1, 2009 8:52am Sep 1, 2009 8:52am
Quoting chazlanning
E/J looking good for a short at S/r and 61 fib on downward move.
Good call.
  • #13,071
  • Sep 1, 2009 8:55am Sep 1, 2009 8:55am
Nice call on UCAD resistance Booker, looks like price reversed just before. I didn't get on the UCAD long, was asleep...probably would have been stopped out and with that bar close breaking support (not just spiking through it), I don't think I would have re-entered.

I don't like seeing charts like that...although, with a 40p stop, you could still get 1:2 RR.
  • #13,072
  • Sep 1, 2009 11:12am Sep 1, 2009 11:12am
USD pairs across the board hitting some good S&R right now guys...
  • #13,073
  • Sep 1, 2009 2:12pm Sep 1, 2009 2:12pm
Quoting sam0182
USD pairs across the board hitting some good S&R right now guys...
dead right been some great rebounds and profits if you were on the ball ..took my pips early so had a relaxing day with my playing with my nipper (boy!).. wish everyday was so easy !.. tommorows another day.
  • #13,074
  • Sep 1, 2009 4:23pm Sep 1, 2009 4:23pm
Quoting booker66
dead right been some great rebounds and profits if you were on the ball ..took my pips early so had a relaxing day with my playing with my nipper (boy!).. wish everyday was so easy !.. tommorows another day.
Yep. I had one SL hit early in the USD fall to support but was able to hit it back twice as the pairs turned around.

Always tricky with these ranges...sometimes they just smell the support a few points away and turn, other times (and often lately, it seems) they want to test the very bottom of support - even spike through it, before turning around and bouncing as they should.

Getting over the fact of a stopout and being ready for the next strong level is most important. R/R will take care of the rest.

What's next on your watch list Booker?
  • #13,075
  • Sep 1, 2009 10:18pm Sep 1, 2009 10:18pm
Morning,

Eur/Jpy is at nice level at the moment. If 13100 gets taken out I'm looking at jumping in. Had a couple of orders tiggerd but in general things have been prety slow on these longer time frames of late way too much congestion for my liking.
Attached Image (click to enlarge)
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  • #13,076
  • Sep 1, 2009 10:33pm Sep 1, 2009 10:33pm
Nice level Siam
  • #13,077
  • Sep 2, 2009 9:55am Sep 2, 2009 9:55am
Nice looking shape to the Looney today.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad1hr.gif Size: 16 KB
  • #13,078
  • Sep 2, 2009 10:25am Sep 2, 2009 10:25am
afternoon intercepter...had the resistance marked up , but just got back from work .. nice double top on the hourly for 50 pips or so .. seems to be a bit of an uptrend on the 1hr chart ..and around the 1.1020 support it bounced off earlier ,so may get another look at 1.11... well see?
  • #13,079
  • Sep 2, 2009 10:28am Sep 2, 2009 10:28am
Quoting booker66
afternoon intercepter...had the resistance marked up , but just got back from work .. nice double top on the hourly for 50 pips or so .. seems to be a bit of an uptrend on the 1hr chart ..and around the 110.20 support it bounced off earlier ,so may get another look at 111... well see?
Hi Booker
What sort of stop distance would you have used on this trade?
  • #13,080
  • Sep 2, 2009 10:36am Sep 2, 2009 10:36am
Booker/Intercepter,

Can you guys making anything of a 1.43 short EUR/USD?

I have a 61% Fib retrace and round number...but S&R seems a little lacking.
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