DislikedLiking the the look of BEAVER.
85.33 hi break buys me some.
Dly indicators up & IMHO CAD fundies can beat JPY fundies (we got the black crack & they need it).Ignored
Keep yer stick on the ice.
(False) Breakout & Trend Reversal Strategies?? 12 replies
Trend Reversal Confirmed? 0 replies
POLL- Trend Reversal or Retracement 0 replies
Are we close to TREND REVERSAL? 5 replies
DislikedLiking the the look of BEAVER.
85.33 hi break buys me some.
Dly indicators up & IMHO CAD fundies can beat JPY fundies (we got the black crack & they need it).Ignored
DislikedI'm down 16 on this one; however, Wly chart has PA Xd up 38% fib. RSI. MacD & STO all up so target 86.50 ( near 50% fib).
Keep yer stick on the ice.Ignored
DislikedHiya Mate!
I wonder if we will get some action with this Saudi Day of Rage? May move oil a bit if it gets out of hand...but then again could be all media hype which will not do much for us.Ignored
DislikedScarecru,
USD/CAD without a doubt is in a downtrend. The thing that would change that perspective is some sort of climax move with a strong reversal. Or a sharp trendline break indicating a reversal in market pyschology.
Either clear signs that the Canadian economy is stumbling from the strength of the loonie or some sort of global event indicating that the banking industry is retrenching again are examples of major fundamental shifts.
The art of the trade is picking up on the signs before the crowd and acting in the face of uncertainty. That...Ignored
DislikedHEY BW: thanks for #3829/22 posts.
You sure packed a lot of info into a very short space. True sign of a successful CEO.
Unfortunately;it took several hours to reach your point.
Would appreciate your sending charts & more detailed posts to help us new traders.Ignored
DislikedI dont really post charts cause its pointless. I can explain what I see on my charts instead...When I look at a USD/CAD chart I see that the price starts in the upper left hand corner and the current price is in the lower right hand corner. Whenever the price comes up towards the middle part of the screen, then I expect it to return back down to the lower part of the screen. Simple trend trading. I dont know why people like to complicate it with indicators and levels and what not
Hope that helpsIgnored
DislikedStudying the charts & trying to plan trades was a little difficult tonight as a result of the uncertainty of the upheavals last Friday ( no pun intended).
However; in no way do my travails compare to those people most affected in Japan (& those that have family or friends there).
Listened to a radio interview this afternoon with the Japanese Ambassador to Canada...Ignored
DislikedHiya Mate!
I wonder if we will get some action with this Saudi Day of Rage? May move oil a bit if it gets out of hand...but then again could be all media hype which will not do much for us.Ignored
DislikedStrah: so you were in the flood-zone! Good to read that you be relatively unscathed.Ignored
DislikedWould also add that as of this morning the Japanese military dumping seawater onto exposed rods is really not a good thing.
Buying time until a better fix is made of the cooling system
The markets will react strongly as the stakes are very high if something else goes wrong.
Probability assessment of a trade is a difficult task to accomplish at this time.Ignored