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USD/CAD

  • #1,641
  • Dec 23, 2011 11:30am Dec 23, 2011 11:30am
Quoting VennD
Not yettt ... moving up againnn ... @ 1.0196 now ... and keep on pushing up ...

(edited)
H4 looks like it has some downward power to me still
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  • #1,642
  • Dec 23, 2011 11:34am Dec 23, 2011 11:34am
venn, it amazes me how you get those tops and bottoms...i guess you always use harmonic patterns for that?
  • #1,643
  • Edited 12:25pm Dec 23, 2011 11:45am | Edited 12:25pm
Quoting Kas1
H4 looks like it has some downward power to me still
yeah ... i know .
Quoting Kas1
venn, it amazes me how you get those tops and bottoms...i guess you always use harmonic patterns for that?
Not at all . I don't use such measurement to trade . Sometimes I remember seeing something and make fun of it in the charts

Next time ... I'll try to draw Canada's oil platform ... specially just for you
  • #1,644
  • Dec 23, 2011 12:50pm Dec 23, 2011 12:50pm
Quoting VennD
Next time ... I'll try to draw Canada's oil platform ... specially just for you
look forward to it
  • #1,645
  • Dec 23, 2011 1:13pm Dec 23, 2011 1:13pm
@vennd

you're not getting any of my money merry christmas btw =)

4H is definitely continuing the downtrend...i guess we'll have to wait until the new year to see what happens..

i can't see next week being too busy
  • #1,646
  • Dec 23, 2011 1:24pm Dec 23, 2011 1:24pm
Looks like 1.0107 or just below that area will be a key support area if it continues the downtrend...
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  • #1,647
  • Edited Dec 25, 2011 1:18am Dec 24, 2011 9:50am | Edited Dec 25, 2011 1:18am
Quoting scarroll
@vennd , you're not getting any of my money merry christmas btw =) . 4H is definitely continuing the downtrend...i guess we'll have to wait until the new year to see what happens..i can't see next week being too busy
Quoting scarroll
Looks like 1.0107 or just below that area will be a key support area if it continues the downtrend...
1) Not that I say/think it won't fall ... but there's something in there ... that's what Im trying to tell you. I hope ... Im wrong ...

2) 25th - It might also rise and fall or vice versa due to U/C Oil Settlement on this day ...

3) 30th or 1st - Those who might not know how to manage their trading accounts , ... and as the small director of the fx market " I " am suppose to fix them on these day ... more than 200 pips within 4hrs ...

4) That Yuro suppose to hold coz ... 'they' had borrow 'my' money more than E450 billion but I forgot ... whether I gave 'them' in yuro or in USD
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  • #1,648
  • Dec 24, 2011 10:25am Dec 24, 2011 10:25am
.
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  • #1,649
  • Dec 25, 2011 9:09am Dec 25, 2011 9:09am
Bias: Neutral

http://lcchong.files.wordpress.com/2...ng?w=837&h=391
  • #1,650
  • Edited 1:32pm Dec 25, 2011 1:30pm | Edited 1:32pm
Probably I'll be talking to myself in this thread today. I think everybody are still enjoying their festival occasion ... drunk ... probably also ... some already ... dead !

Margin level = 82,546,911.63% - checked !

If you have very ... very ... less than mine ... you should donate your money to me asap . Make my job done !
  • #1,651
  • Edited Dec 26, 2011 1:10am Dec 25, 2011 1:57pm | Edited Dec 26, 2011 1:10am
Hey ! U ppl out there don't laugh at this chart. It has been posted earlier . I don't remember anymore what post # is that but U can dig it to the grave to find it.

Breakout will happen ... but I don't know when and where to. U have to work it yourselves

U/C doesn't wanna follow on my first plan targeting 0.9700 (posted earlier). On the the recent moves ... technically , I saw U/C is targeting 1.0690 but Im still blank on what fundamental reasons should U/C fly there ?
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  • #1,652
  • Dec 25, 2011 2:17pm Dec 25, 2011 2:17pm
IF u wanna post anything that of common benefits ... please ... go ahead ... I wanna have my breakfast ...

It's good to see everybody ... shows that ur not dead yet !
  • #1,653
  • Edited 10:16pm Dec 25, 2011 3:10pm | Edited 10:16pm
Many markets are closed on Monday and some even have an additional close on Tuesday . How can they close MONEY MARKET ? ... very lazy ppl working ... yet ... they dream to be rich ... #$%$ 'em !

edited:

On another note ... those wheather forecast men says ... their expectation would be ... " warmer-than-normal winter weather in the U.S. " ... so maybe ... less buying oil from Canada ... and I'd guess no down for U/C

So ... I think @Kas1 and @scarroll are very very upset by now ... coz ... their short's target might not make it thru the nights (hey ! juz kiddn here , ok ! )

edited : before and after (CAD has arrived at its 1st SUP and it looks like CAD is being sold more ... than USD). Probably not sold much against USD ... but against GBP or other currencies coz... I don't see U/C moves up drastically atm.
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  • #1,654
  • Edited 4:30pm Dec 25, 2011 4:20pm | Edited 4:30pm
I have to enter new trades in U/C on another bro ker's platform ... coz the bro ker that I used to trade with is very lazy today ... they said

Since markets are mostly closed ... I think no oil settlement today ... probably they already paid earlier ... maybe ...
  • #1,655
  • Dec 25, 2011 4:56pm Dec 25, 2011 4:56pm
looking to go long @ 10140/10130 stopped below wedge support.
Any prices quoted are futures
  • #1,656
  • Edited 12:31am Dec 26, 2011 12:05am | Edited 12:31am
London open now ... lets begin ... while the Asians are still dreaming... !

CAD is testing its descending resistances !
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  • #1,657
  • Edited 1:03am Dec 26, 2011 1:02am | Edited 1:03am
This is the result of scalping during recession ... thin market or empty market +43 and locked !
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  • #1,658
  • Edited 1:20am Dec 26, 2011 1:18am | Edited 1:20am
atm ... I can only see our daily range might be about 151 pips (1.0288-1.0137). So lets sweep everything we can ...
  • #1,659
  • Dec 26, 2011 8:30am Dec 26, 2011 8:30am
Quoting VennD
atm ... I can only see our daily range might be about 151 pips (1.0288-1.0137). So lets sweep everything we can ...
The real party was over on the gbp/cad....smoked it with 100 pips up and then 60 pips down over the holidays. 160 pips secured lol (no hedge) 50% leverage.
  • #1,660
  • Edited 9:10am Dec 26, 2011 9:00am | Edited 9:10am
Quoting western
The real party was over on the gbp/cad....smoked it with 100 pips up and then 60 pips down over the holidays. 160 pips secured lol (no hedge) 50% leverage.
If u put up your analysis chart in here earlier ... maybe I should hv follow ... but you didn't want us to share ... Ur very greedy and selfish (juz kidn here )
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