"Greed is good,greed is right,greed works"
DislikedRead this post by Greenhaze.
DislikedSo are you saying that when US equity markets are up , dollar "should" rise as well??Ignored
DislikedYou can pretty much count on the EURUSD, for example, to follow the equity markets based on perceived value in the market or perceived risk, at least enough to trade it successfully. This is really what trading is all about in many ways, the ability to know which sentiment is most powerful at the time you are looking to trade.Ignored
DislikedThat looks about right . . . on the Monthly UsdCad . .
DislikedI understand the base method but I like to use it when its confluenced with S/R levels. . .maybe that's what your saying??
All I'm saying is that this a great Monthly level for not only being at parity (1.0000) but also in the structural aspects of Support and Resistance . .in this case, HCR/LCS levels. .
Price doesn't like to hang around here for very long .. as you can see historically ..
DislikedJarroo, a question.Ignored
DislikedGot it sir... thank's for the explanation...
It's a nice bullish PB...Ignored
DislikedHey guys. I'm not exactly see any good setups, but the only one I'm looking at is NZDCAD and was just want some comments. Looking to buy around the 80 mark, if my bar closes above the previous bar. Good confluence with the upwards trendline and a fib. Oh,the round number too.Ignored
DislikedHey HC . . good eye and nice chart .. my feed is a bit different but not by much.
Excellent . .well done . .you got the levels down. .nice Daily confirmation. . .great target, HCR . . its great that you took profit there. You could have taken 100% profit there because if PBT&CA this HCR level we can always re-enter . .
My feed didn't have a Daily confirmation . .my HCR was 80.90 /80.83 . .damn gaps .
If you look zoom out a bit, you can see that we had LCS level (06/07 April). .this lines up nicely with the 80.90 HCR . .Strength....Ignored