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USD/CAD

  • #561
  • Oct 24, 2011 5:15pm Oct 24, 2011 5:15pm
atm ...

Rates and Bonds = DOWN.
Commodities = UP , except gold and silver.
Leading Stocks = UP , except BP.
Indices and Futures = UP , except NQ 100.
World Indices = UP.

Small Retailers = Also UP
  • #562
  • Edited 6:06pm Oct 24, 2011 5:55pm | Edited 6:06pm
Tracking USD Index ...
Attached Image(s) (click to enlarge)
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  • #563
  • Oct 24, 2011 6:05pm Oct 24, 2011 6:05pm
I'm thinking about long USD/CAD at 1.0200. What do you think about it?
  • #564
  • Edited 6:28pm Oct 24, 2011 6:10pm | Edited 6:28pm
Quoting Richie_Rich
I'm thinking about long USD/CAD at 1.0200. What do you think about it?
U wait ... anything can happen between that magenta horizontal line (USD Index 1h chart - the skunk riders). But I see the eyes is looking upward , probably so ... just standby or look carefully at your usd/cad chart one more time ...imo

Don't be in a hurry ... if I were you , I will let it go up and execute to buy at the next rejected supports ... just my opinion ... anyway .. it's your account ... you decide what is best for you
  • #565
  • Oct 24, 2011 6:13pm Oct 24, 2011 6:13pm
Quoting Richie_Rich
I'm thinking about long USD/CAD at 1.0200. What do you think about it?
What is that ? typo mistake ?
  • #566
  • Oct 24, 2011 6:18pm Oct 24, 2011 6:18pm
Mixed Stops lying around 1.0030/50 - 1.0000 , If more buy orders will be good for you , otherwise ?
  • #567
  • Oct 24, 2011 6:26pm Oct 24, 2011 6:26pm
Oh sorry, I mean 1.0020. As you said, 1.0000-1.0050 is quite difficult range to break. But I prefer long atm. Anyway, I wanna take your trade as my reference as always
  • #568
  • Edited 7:23pm Oct 24, 2011 6:31pm | Edited 7:23pm
Quoting Richie_Rich
Oh sorry, I mean 1.0020. As you said, 1.0000-1.0050 is quite difficult range to break. But I prefer long atm. Anyway, I wanna take your trade as my reference as always
No problem ...

aud/usd @ 1.0456
-----------------
Wanna share something with you . Earlier ... That Conference Board Australia Leading Index 0.0% <> NIL ---> -0.1% , Did anybody tell you about that ?

Im selling from the utmost recent tops @ 1.0498 . How about you ?
  • #569
  • Oct 24, 2011 8:33pm Oct 24, 2011 8:33pm
Quoting VennD
Germany is willing to help Europe's bailout fund.

Japan is threatening to intervene.

Oil price went up atm to $90.42/barrel.

....
short @ 1.0088 + long @ 1.0052 (+36 pips)
short @ 1.0077 + long @ 1.0026 (+51 pips)

short @ 1.0478 + closed long @ 1.0045 at BE , reenter long @ 1.0025 (+453 pips)
look like it wanna fall ... not yet I think ...

short @ 1.0088 + closed long 1.0052 at BE , reenter long @ 1.0025 (+63 pips)
short @ 1.0077 + long @ 1.0026 (+51 pips) - Both Closed.

short @ 1.0478 + closed long 1.0025 at BE , reenter long @ 1.0024 (+454 pips)
Attached Image (click to enlarge)
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  • #570
  • Oct 24, 2011 8:40pm Oct 24, 2011 8:40pm
I also short aud too. What is your target?
  • #571
  • Edited 11:06pm Oct 24, 2011 9:16pm | Edited 11:06pm
Quoting Richie_Rich
I also short aud too. What is your target?
Target open . If ur in profit ... i suggest u lock some of them. I might take it back from you if ur careless

I got some longs nearby ... either way ... either you or I will be hit

Earlier I hv closed some scalpers. Open aud/usd trades are as follows ...

long @ 0.9393 + short @ 1.0498 (+1,105 pips)
long @ 1.0325 + short @ 1.0497 (+172 pips)
long @ 1.0369 + short @ 1.0497 (+128 pips)
long @ 1.0452 + short @ 1.0496 (+44 pips)
long @ 1.0454 + short @ 1.0494 (+40 pips)
long @ 1.0454 + short @ 1.0492 (+38 pips)

Total secured +1,527 pips . My longs are targeting 1.0800 (only in my dreams , maybe). shorts target - open.
Attached Image(s) (click to enlarge)
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  • #572
  • Edited 10:09pm Oct 24, 2011 10:07pm | Edited 10:09pm
China Sovereign Wealth Funds is buying shares in some of the big banks. Bad idea if u wanna fight them. Last week ... I over heard that they might be defending the 2010 lows in AU.

Anyways ... anything can happen ... those US custody banks haven't done anything yet as of now ... i think so ..
  • #573
  • Edited 10:34pm Oct 24, 2011 10:20pm | Edited 10:34pm
Quoting VennD
No problem ...

aud/usd @ 1.0456
-----------------
Wanna share something with you . Earlier ... That Conference Board Australia Leading Index 0.0% <> NIL ---> -0.1% , Did anybody tell you about that ?

Im selling from the utmost recent tops @ 1.0498 . How about you ?
These ppl really fckup ! Suddenly they revised 0.0% to -0.1% ... making it unchanged

Better lock your profits on shorts... in aud/usd. AU weaknessess has been raised to 1.0729 / 1.0803 / 1.0864 levels.
  • #574
  • Oct 24, 2011 10:25pm Oct 24, 2011 10:25pm
Thanks a lot VennD. I'm ok haha
  • #575
  • Oct 24, 2011 11:13pm Oct 24, 2011 11:13pm
Quoting VennD
These ppl really fckup ! Suddenly they revised 0.0% to -0.1% ... making it unchanged

Better lock your profits on shorts... in aud/usd. AU weaknessess has been raised to 1.0729 / 1.0803 / 1.0864 levels.

dear VennD,
I'm new bee in the FX trade.
many times to following ur threat & post.
seems u r the experience/ very expert.
pls.give me ur advise...

I would to asked u that best time to buy CAD right now.
seen the 1.000 was the strong support.
how should I do if their broke down ?
said down to 0.996?
should I put SS @ 0.9995? TP @ 0.996,while still OP the buy @ 1.020?

thanx & very appriciated !
  • #576
  • Oct 24, 2011 11:58pm Oct 24, 2011 11:58pm
Quoting bestrader98
dear VennD,
I'm new bee in the FX trade.
many times to following ur threat & post.
seems u r the experience/ very expert.
pls.give me ur advise...

I would to asked u that best time to buy CAD right now.
seen the 1.000 was the strong support.
how should I do if their broke down ?
said down to 0.996?
should I put SS @ 0.9995? TP @ 0.996,while still OP the buy @ 1.020?

thanx & very appriciated !
Look at the Daily ... should there be no big guns buying ... it could go down to 0.9900 imo

After u see it really being rejected by any supports between 1.0050 - 1.0000 , I think u can enter long ... but don't forget tight stoploss few pips below previous low bar . Should it be taken out ... wait another opportunity.
  • #577
  • Edited 12:09am Oct 25, 2011 12:07am | Edited 12:09am
Last week ...

buy orders 1.0030/50 - 1.0000
below 1.0000 large mixed stops.

sell orders 1.0370/400
above 1.0400 large mixed stops.

try to relate them with your indis .... hope that helps ...
  • #578
  • Oct 25, 2011 12:10am Oct 25, 2011 12:10am
i am new here and i also follow u hope i can learn something from u
  • #579
  • Oct 25, 2011 12:57am Oct 25, 2011 12:57am
Quoting VennD
Last week ...

buy orders 1.0030/50 - 1.0000
below 1.0000 large mixed stops.

sell orders 1.0370/400
above 1.0400 large mixed stops.

try to relate them with your indis .... hope that helps ...

shame on me...just no experience...
pls.explain to me ; what's ur mean with :
buy orders 1.0030/50 - 1.0000
below 1.0000 large mixed stops.

if BL @ 1.0000,than turn down...put sell stop @ 0.9980/70/60/so on..

sell orders 1.0370/400
above 1.0400 large mixed stops.
if SL @ 1.037 than broke up,put buy stop @ 1.0400 / 1.0420 / and so on..?

very thankfully to you !
  • #580
  • Edited 1:47am Oct 25, 2011 1:29am | Edited 1:47am
6hrs from now ... Projected by consensus ...

Retail Sales ex Autos (MoM) / Low Impact 10-20 pips up and down / 0.0% <> 0.4% (Increase) - Sell usd/cad

Retail Sales (MoM) / Medium Impact 20-40 pips up and down / -0.6% <> +0.2% (Increase) - Sell usd/cad

Otherwise ... BUY . Confirm those probabilities with your indis also.
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