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  • #1,421
  • Dec 13, 2011 11:37am Dec 13, 2011 11:37am
I built up a short position way too early... 1.02866 is my avg. price.

Oh well I guess I'll wait for it do drop...
  • #1,422
  • Edited 2:53pm Dec 13, 2011 2:03pm | Edited 2:53pm
Quoting VennD
... add locked at +882 pips
edited : +646
Quoting VennD
shorted it at 1.0308 , a lil bit abv my yellow fib 661.8%
Signal candle (5m tf) appeared at 292 to long scalp, ... closed short 308 at BE+1 , ... re-enter short @ 328 (abv fib 761.8%).

Maintain long scalpers from 1.0053 .

(Secured +746 pips.)
  • #1,423
  • Dec 13, 2011 2:09pm Dec 13, 2011 2:09pm
Quoting adug6
I built up a short position way too early... 1.02866 is my avg. price.

Oh well I guess I'll wait for it do drop...
you still think it will drop? im a newb trading a micro account got in short early too but barely used leverage so i have plenty of room (like 1000 pips room - not saying it will ever go 1000 pips up in a straight line) to average in some more shorts.
  • #1,424
  • Dec 13, 2011 2:11pm Dec 13, 2011 2:11pm
this is cad thread but dow is correlated to cad in negative manner so its STILL on topic.. .

made my 3.6% on this trade
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #1,425
  • Edited 2:19pm Dec 13, 2011 2:13pm | Edited 2:19pm
Maybe Fed is buying its own USD

(am blurred ... so many candles are signalling to long this baby).
  • #1,426
  • Dec 13, 2011 2:17pm Dec 13, 2011 2:17pm
Quoting bumapatria
this is cad thread but dow is correlated to cad in negative manner so its STILL on topic.. .

made my 3.6% on this trade
Congrate bro !

Not only DOW .... other pairs also can ... at least we can pick something out of it.
  • #1,427
  • Dec 13, 2011 2:17pm Dec 13, 2011 2:17pm
Quoting VennD
Maybe Fed is buying its own USD

LOL

thatsounds so f----ed up!
Have I got something on my face, SOLDIER?
  • #1,428
  • Dec 13, 2011 2:25pm Dec 13, 2011 2:25pm
Quoting VennD
Congrate bro !

Not only DOW .... other pairs also can ... at least we can pick something out of it.
f ----me man u rock the hell out of FX... what like 10 orderes on both ends? i do 1 on 1 max man i am chciken compared t ou ...

ur elike my inspiration!
Have I got something on my face, SOLDIER?
  • #1,429
  • Dec 13, 2011 2:30pm Dec 13, 2011 2:30pm
Ah, I don't think it will be going short just yet. A solid break of 1.0265, next stop 1.0450...
  • #1,430
  • Edited 2:47pm Dec 13, 2011 2:44pm | Edited 2:47pm
Signal candle appears at 346 to standby short.

Short Scalp only thou ...
  • #1,431
  • Edited 3:58pm Dec 13, 2011 3:26pm | Edited 3:58pm
U/C stalls @ 351 . Fed refrains from new steps . hope so ...

accidently shorted it (scalp) @ 348 .. locked at BE .

(dinner time ...)
sign off
  • #1,432
  • Dec 13, 2011 3:47pm Dec 13, 2011 3:47pm
wow so much for shorts. i have a long time to wait for this to come around

i walk away from euro trades and things are amazing.. not so much here.
Any prices quoted are futures
  • #1,433
  • Dec 13, 2011 3:51pm Dec 13, 2011 3:51pm
Bullish
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Attached Image
  • #1,434
  • Edited 5:01pm Dec 13, 2011 4:46pm | Edited 5:01pm
Quoting staffpro
you still think it will drop? im a newb trading a micro account got in short early too but barely used leverage so i have plenty of room (like 1000 pips room - not saying it will ever go 1000 pips up in a straight line) to average in some more shorts.

Well I ended up selling my position took a small loss then went long, since the price started to shoot up shortly after the federal rate decision. By thw way I sent you a PM.
  • #1,435
  • Dec 13, 2011 7:46pm Dec 13, 2011 7:46pm
Looking back 1.035 has not really been a significant resistance. As mentioned earlier it was the 1.0265 level..

I guess it depends on your trading style, I'm not a scalper I will hold a trade for days / weeks if needed.

Looking at the daily, we have some room to move up yet.
  • #1,436
  • Edited 2:01am Dec 14, 2011 1:46am | Edited 2:01am
Quoting VennD
Signal candle appears at 346 to standby short.

Short Scalp only thou ...
Quoting VennD
U/C stalls @ 351 . Fed refrains from new steps . hope so ...

accidently shorted it (scalp) @ 348 .. locked at BE .
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdcad_indexes_15m_044.gif Size: 36 KB
  • #1,437
  • Dec 14, 2011 1:52am Dec 14, 2011 1:52am
ascary thought to be a bull if my analysis is correct

up arrow is my projection in 20 hours.

CAD's max hourly atr was around 25. lets just say 10 pips per one hour...

so 20x10= 200 pips.

target is 172 pips away therefore its possible AtR speakig
Attached Image (click to enlarge)
Click to Enlarge Name: might be poss.gif Size: 55 KB
Have I got something on my face, SOLDIER?
  • #1,438
  • Dec 14, 2011 2:02am Dec 14, 2011 2:02am
play around with fibs i think its a harmonic

and first touch on 61.8
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Click to Enlarge Name: harm.gif Size: 60 KB
Have I got something on my face, SOLDIER?
  • #1,439
  • Edited 2:20am Dec 14, 2011 2:08am | Edited 2:20am
Quoting bumapatria
ascary thought to be a bull if my analysis is correct

up arrow is my projection in 20 hours.

CAD's max hourly atr was around 25. lets just say 10 pips per one hour...

so 20x10= 200 pips.

target is 172 pips away therefore its possible AtR speakig
Bull ? ermmm ... never mind ... I go full swing wherever it goes .

Look at that USDLFX (15m tf)... there's a gap ... and it might not be a runaway gap because ... don't you see up there ? ... NO MORE PLACE TO GO ... ALREADY NEAR THE UPPER SCREEN
  • #1,440
  • Edited 2:13am Dec 14, 2011 2:11am | Edited 2:13am
Quoting VennD
Bull ? ermmm ... never mind ... I go full swing wherever it goes .

Look at that USDLFX ... there's a gap ... and it might not be a runaway gap because ... don't you see up there ? ... NO MORE PLACE TO GO ... ALREADY NEAR THE UPPER SCREEN

Never mind...

so if usdflx goes up usd goes up right?
Have I got something on my face, SOLDIER?
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