Come on UC what the heck are you waiting for,go UP
- #41,142
- Jul 5, 2012 7:56am Jul 5, 2012 7:56am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Come on UC what the heck are you waiting for,go UP
Those who say it cannot be done should not interrupt those who are doing it
- #41,143
- Jul 5, 2012 7:59am Jul 5, 2012 7:59am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
I love this journey to south ..... 
- #41,147
- Jul 5, 2012 8:02am Jul 5, 2012 8:02am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
The best thread ever 
All informations in one place.
Thanks to everyone who contributed and to PT who keeps the thread clean
All informations in one place.
Thanks to everyone who contributed and to PT who keeps the thread clean
Come on UC what the heck are you waiting for,go UP
I'm invested pretty heavily on the south side.
But will pull out with losses if you're right.
My entry this time is 1.0127
Look at gold + oil = strong commodities = strong CAD
And let's remember that positive US data usually tends to weaken the currency. Yes twilight fx as it's been for couple years now.
- #41,150
- Jul 5, 2012 8:08am Jul 5, 2012 8:08am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
I observe your reality but live my own. 
- #41,151
- Jul 5, 2012 8:11am Jul 5, 2012 8:11am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
Here's what I am looking at on a daily chart. A large drop during the month of May followed by higher highs and higher lows forming a nice bear flag.
Break down of the flag on low volume followed by a throwback to the lower raising tendline of the flag. Duration of the flag portion within normal bear flag 'specifications'... 12 to 18 candles before breakout.
Pole length is 996 points. So calculated target from throwback is 1.2667 - 996 = 1.1671. First hurtle will be June 1st lows at 1.2286 which line up with my daily down channel...
- #41,152
- Jul 5, 2012 8:12am Jul 5, 2012 8:12am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
Changed the leverage from 1:1 to 1:50 
and invested South of Euro and covered all the UC red
and invested South of Euro and covered all the UC red I sure hope not
I'm invested pretty heavily on the south side.
But will pull out with losses if you're right.
My entry this time is 1.0127
Look at gold + oil = strong commodities = strong CAD
- #41,156
- Jul 5, 2012 8:20am Jul 5, 2012 8:20am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
Great analysis buddy.
I observe your reality but live my own.
- #41,157
- Jul 5, 2012 8:25am Jul 5, 2012 8:25am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #41,159
- Jul 5, 2012 8:30am Jul 5, 2012 8:30am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
I observe your reality but live my own.
It would take more than us mere retail traders covering shorts to push this up. A lot more. Right now there is major capital flow leaving the Euro Zone as the carry trades on E/U and E/J unwind and go looking for a better rate differential.