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EurCad Analysis and Trading Ideas

  • #161
  • May 15, 2012 11:22am May 15, 2012 11:22am
Quoting shawn3245
You started out with a TP of 1.2750 but then adjusted it to 1.27781. From looking at the chart that I posted earlier I believe that you TP is above the last 1D support line of 1.2762. My guess is that you want to exit before 1.2762 so there isnt a bounce higher?

So I was going back and trying to see exactly why you went short. and it seems like after you noticed the trend was down you went to the 4 hour chart and waited for the PA to go below the upper 1D support line before entering. Am I see this correctly?

Sorry about the wrong answer, I...
@Shawn3245:

Please tell me the TWO note carefully the TWO support levels on the 1D

Look and tell me if you see

1st Support - 1.27778
2nd Support - 1.27559

Those are the levels - look if you see them.

Then as for the entry - because I have 3 Shorts running - Each Short is 10 yards

Now - Tell me what my three entries were based on the rules - Do not look at the time when reading the rules - they do not apply to the EUR/CAD - just read the rules and tell me my 3 different entry levels of the 3 Shorts. Remember, just read OVER (ignore) the times and just focus on what the rule says, nothing more and tell the entry prices

You are paying Attention though and you have the right attitude - so Im spending the time to teach you. I see that you are willling and humble.

Yours respectfully,
HDA
  • #162
  • May 15, 2012 11:23am May 15, 2012 11:23am
Quoting shawn3245
You started out with a TP of 1.2750 but then adjusted it to 1.27781. From looking at the chart that I posted earlier I believe that you TP is above the last 1D support line of 1.2762. My guess is that you want to exit before 1.2762 so there isnt a bounce higher?

So I was going back and trying to see exactly why you went short. and it seems like after you noticed the trend was down you went to the 4 hour chart and waited for the PA to go below the upper 1D support line before entering. Am I see this correctly?

Sorry about the wrong answer, I...

@Shawn3245:


Please tell me the TWO note carefully the TWO support levels on the 1D


Look and tell me if you see


1st Support - 1.27778
2nd Support - 1.27559


Those are the levels - look if you see them.


Then as for the entry - because I have 3 Shorts running - Each Short is 10 yards


Now - Tell me what my three entries were based on the rules - Do not look at the time when reading the rules - they do not apply to the EUR/CAD - just read the rules and tell me my 3 different entry levels of the 3 Shorts. Remember, just read OVER (ignore) the times and just focus on what the rule says, nothing more and tell the entry prices


You are paying Attention though and you have the right attitude - so Im spending the time to teach you. I see that you are willling and humble.


Yours respectfully,
HDA
  • #163
  • May 15, 2012 11:27am May 15, 2012 11:27am
Quoting HDA
@ash_k:

To trade the EUR/CAD - you need only to focus on two Time Frames - The 4H and the 1D.

The 4H is used for entry and to make not of a change in direction.
The 1D is used for trend direction.

So the first thing you do is go to your daily chart and ascertain what the trend direction is - once you have done that then you go to the 4H to look for an entry to enter long or short depending on the...

thankyou for taking time and make me understand..really appriciate.
ASH
  • #164
  • May 15, 2012 11:36am May 15, 2012 11:36am
Quoting shawn3245
Sorry about the wrong answer, I was going off the top of my head without going back into the thread.
@Shawn3245:


Stop what you are doing right now and Take up the Book - THE FOUR AGREEMENTS - that you bought and turn to the back cover of the book and write what AGREEMENT NUMBER #3 is.


Respectfully,
HDA
  • #165
  • May 15, 2012 11:47am May 15, 2012 11:47am
Quoting ash_k
thankyou for taking time and make me understand..really appriciate.
ASH
@ash_k:

So you do understand - thats great - happy to have helped.

Respectfully,
HDA
  • #166
  • May 15, 2012 11:49am May 15, 2012 11:49am
Quoting HDA
@Shawn3245:


Stop what you are doing right now and Take up the Book - THE FOUR AGREEMENTS - that you bought and turn to the back cover of the book and write what AGREEMENT NUMBER #3 is.


Respectfully,
HDA
@Shawn3245:

What is Agreement #3 from the BooK - Im waiting

Respectfully,
HDA
  • #167
  • May 15, 2012 11:51am May 15, 2012 11:51am
Ok I dont see the exact numbers that you are talking about. The numbers that I have come up with are 1.2762 and 1.2752. I didnt manually figure the numbers out but rather used a website that I found to get these numbers. I posted a link to the website a few posts ago.

Ok bare with me on the rules because Im still learning. Can you give me a clue where you started and then we can go from there. I have a 4 hour chart pulled up and the rules but I cant see where you started.

I have wrote rule #3 on the inside of the back cover and will be following that rule. I following the rule without reading the chapter right now and this is why Im asking for a clue where you started so I dont assume anything else and waste your time. Trust me Im trying like hell to see where you started and apply the rules. I have a gut feeling this is something easy that im missing.

Thanks for being patient with me. You have no idea how thankful I am for everything.

Shawn
  • #168
  • May 15, 2012 11:52am May 15, 2012 11:52am
Quoting HDA
@Shawn3245:


Please tell me the TWO note carefully the TWO support levels on the 1D


Look and tell me if you see


1st Support - 1.27778
2nd Support - 1.27559



HDA
HDA,

been reading and also trying to understand where and how you are able to see the S/R...
the support of 1.2778 n 1.27559 is from
as for your question as the entry point i've attached a h4 chart where i would enter...
could you kindly tell us if this is what you're talking about?

thanks in advance for your patience and help.
Attached Image (click to enlarge)
Click to Enlarge Name: eurcadh4.gif Size: 24 KB
Wooooohooooo or Boooooohooooo
  • #169
  • May 15, 2012 12:01pm May 15, 2012 12:01pm
Quoting nawafasad1
well my long earlier wasnt the best entry but i m still in the trade and im underwater i wonder how long i ll be under . well done to all the bears who took the short . sloss 1.2740 target 1.29 . 1.006 on usd/cad is not broken thats fore the bears to think about

Quoting izzas
stopped out.. well i think i have learned the lesson today, dont trade against the trend just to look for 30-40 pips correction
@Shawn3245:

See Why I Say Don't Listen To Anyone In The Eur/Usd Room Who Said Buy

Respectfully,
HDA
  • #170
  • May 15, 2012 12:04pm May 15, 2012 12:04pm
This is why I havent been in that room. Those people seem to be more lost then I am (if that is possible!!!! HAHAHAHA)

I owe Killer for setting up this thread. It would be nice if he was here to thank!!!

QUOTE=HDA;5669666]@Shawn3245:

See Why I Say Don't Listen To Anyone In The Eur/Usd Room Who Said Buy

Respectfully,
HDA[/quote]
  • #171
  • May 15, 2012 12:08pm May 15, 2012 12:08pm
Dear HDA till now i m unable to get any reply from u.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 109 KB
  • #172
  • May 15, 2012 12:10pm May 15, 2012 12:10pm
I just put a line chart on the EURCAD daily, and around1/09/11 you'll see the 1.2778 support.
  • #173
  • Edited 12:27pm May 15, 2012 12:15pm | Edited 12:27pm
Quoting shawn3245
Ok I dont see the exact numbers that you are talking about. The numbers that I have come up with are 1.2762 and 1.2752. I didnt manually figure the numbers out but rather used a website that I found to get these numbers. I posted a link to the website a few posts ago.

Ok bare with me on the rules because Im still learning. Can you give me a clue where you started and then we can go from there. I have a 4 hour chart pulled up and the rules but I cant see where you started.

I have wrote rule #3 on the inside of the back cover and will be following...
@Shawn3245:



No Im not going to figure this out for you - Thats your home-work - I've told you so much - I've given you everything you need - all you have to do is read, obey the rule and trade it.



Im not charging you for anything - Im giving of my time free of cost - your payment is to show that you are learning - Figure it out.



READ THE RULES.



You will slowly see how the THE FOUR AGREEMENTS will begin to help your trading - Glad you caught on to Agreement #3



Im teaching you how to fish


After You get this - you wont need me again - you would have everything you need to trade the EUR/CAD and never make a LOSS



You are not paying Attention - you missed the ENTRY to go SHORT at 12 NOON EASTERN 1hr and 15mins ago - Remember, forget about the time when reading the rules - just READ THE RULE - READ THE RULES

Respectfully,
HDA
  • #174
  • May 15, 2012 12:18pm May 15, 2012 12:18pm
Quoting Joeyd
I just put a line chart on the EURCAD daily, and around1/09/11 you'll see the 1.2778 support.
@Joeyd:

Very very Good

Respectfully,
HDA
  • #175
  • May 15, 2012 12:23pm May 15, 2012 12:23pm
Quoting shawn3245
Ok I dont see the exact numbers that you are talking about. The numbers that I have come up with are 1.2762 and 1.2752. I didnt manually figure the numbers out but rather used a website that I found to get these numbers. I posted a link to the website a few posts ago.

Ok bare with me on the rules because Im still learning. Can you give me a clue where you started and then we can go from there. I have a 4 hour chart pulled up and the rules but I cant see where you started.

I have wrote rule #3 on the inside of the back cover and will be following...
@Shawn3245:

If you share with me again that you got support and resistance levels from some website and not learn to find them for yourself - then Im wasting my time.

Agreement #1 - Remember What It Is? So from now on - When I ask for support and resistance levels from you - I want Your Support And resistance Levels - Not some WEBSITE

Respectfully,
HDA
  • #176
  • May 15, 2012 12:35pm May 15, 2012 12:35pm
Ok as I type this Im smiling because I think that I got it now!!! If not Im going to keep trying like hell until I get it. Thank god Im a detirmined Irish guy!!!

Ok You would have went short at the open of the 12 EST candle because the 8 EST candle was red (closed negative giving the signal to look for a low) and a point was scored ( a point is scored when the closing low of the 8 EST candle which was 1.28059) was taken out by the 12 EST candle.

Im going to figure out the support and resistance levels for myself. I should have known better then to use a website. As per the book I will stick to my word!

Ok ill be back in a little while. The kid is awake and I need to spend some time with him. If my answers are wrong I will work very hard until I get this right! YOU HAVE MY WORD!!!

Quoting HDA
@Shawn3245:



No Im not going to figure this out for you - Thats your home-work - I've told you so much - I've given you everything you need - all you have to do is read, obey the rule and trade it.



Im not charging you for anything - Im giving of my time free of cost - your payment is to show that you are learning - Figure it out.



READ THE RULES.



You will slowly see how the THE FOUR AGREEMENTS will begin to help...
  • #177
  • May 15, 2012 12:36pm May 15, 2012 12:36pm
@HDA i need 4 rules together

pls describe or write down the 4 agreement
  • #178
  • May 15, 2012 12:36pm May 15, 2012 12:36pm
Quoting kibrul
Dear HDA till now i m unable to get any reply from u.
...

@Kibrul:


I will never respond to any of your posts - you're not interested in learning how to trade - your interest is to be told what to trade, where to set stop loss and what is the exit.


I am not a signal service


Respectfully,
HDA
  • #179
  • May 15, 2012 12:41pm May 15, 2012 12:41pm
hi HDA,

i'm a newbie and want to learn from u...can u teach me the most basic things on how to trade?
  • #180
  • May 15, 2012 12:44pm May 15, 2012 12:44pm
dear HDA sir from today i promise and tell u i start learning forex rather then signal trade. tell me where to start and which website is batter to understand. i already learn a lot from babypips.com ... have u any other website preferred to learn well....
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