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USD/CAD

  • #3,421
  • Edited 5:54am Oct 30, 2012 5:43am | Edited 5:54am
It seems that you too are going over all the pairs

Here is my UsdCad.
Only problem, is we are approaching the 50% of the move correction...
so I have doubts about what best to do.
May be check the news ?

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad1.gif Size: 18 KB

NB: these are charts for analysis, and I am learning programming, so running
some EAs on it. the trades there are no good trades
  • #3,422
  • Oct 30, 2012 6:31am Oct 30, 2012 6:31am
actually might put a small sell order at 50%.
Too much of a temptation ... leaving this 50% alone ... nan.
50% trade.
  • #3,423
  • Oct 30, 2012 6:54am Oct 30, 2012 6:54am
My take is coming down to either Fib 61 or the down TL if the price gets through 0.998 (a big S/R area). (and it turned at FE100)

Looking at EURUSD, I don't think it's going up right away (At least not within next couple of hours)

Your thought?
Attached Image (click to enlarge)
Click to Enlarge Name: uc.jpg Size: 148 KB
  • #3,424
  • Oct 30, 2012 6:57am Oct 30, 2012 6:57am
Quoting Forexgogo
My take is coming down to either Fib 61 or the down TL if the price gets through 0.998 (a big S/R area). (and it turned at FE100)

Looking at EURUSD, I don't think it's going up right away (At least within next couple of hours)

Your thought?
Actually you have a point : downward pressure in views.
Thanks as I would have been slaughtered on a long.
Just now editing your chart
  • #3,425
  • Oct 30, 2012 7:02am Oct 30, 2012 7:02am
Attached Image (click to enlarge)
Click to Enlarge Name: uc.jpg Size: 261 KB


I didn't first look very well on how it went up there...
Now I see the box there, yep not sure for a long just now...
better keep safe
Just shows how feedback can save $$$$
  • #3,426
  • Oct 30, 2012 7:08am Oct 30, 2012 7:08am
Quoting crustonSt
Attachment

I didn't first look very well on how it went up there...
Now I see the box there, yep not sure for a long just now...
better keep safe
Just shows how feedback can save $$$$
Thanks for nice editing
  • #3,427
  • Oct 30, 2012 7:09am Oct 30, 2012 7:09am
np. I am practicing my screen-time and drawing skills.
a picture is worth a thousand words.
  • #3,428
  • Oct 30, 2012 10:20am Oct 30, 2012 10:20am
Quoting Forexgogo
My take is coming down to either Fib 61 or the down TL if the price gets through 0.998 (a big S/R area). (and it turned at FE100)

Looking at EURUSD, I don't think it's going up right away (At least not within next couple of hours)

Your thought?
Out
  • #3,429
  • Nov 2, 2012 8:06am Nov 2, 2012 8:06am
I wish trading the news was always that easy! Love the spinning top at the 50.0 Fib level.

Attached Image (click to enlarge)
Click to Enlarge Name: nice.jpg Size: 203 KB


We're still in the medium term bull channel. Important levels being the familiar .9900 zone (and middle of channel) as well as the tough .9850 S/R (also the bottom of the bull channel. Short term bear bias after the good US employment number and bounce off parity.

Attachment
  • #3,430
  • Nov 2, 2012 8:15am Nov 2, 2012 8:15am
Large accumulation for major run north????

9957 number to watch, sellers liquidation and catapult me thinks
"Millionaires don't use astrology, billionaires do"
  • #3,431
  • Nov 2, 2012 8:17am Nov 2, 2012 8:17am
Quoting OrionsWay
Large accumulation for major run north????

Geographic north?

I'll add longs again at .9910 to .9850... depending on how long it takes to get there.
  • #3,432
  • Nov 7, 2012 10:41am Nov 7, 2012 10:41am
Quoting Rknigh2
Geographic north?

I'll add longs again at .9910 to .9850... depending on how long it takes to get there.
Hopefully u did just that
"Millionaires don't use astrology, billionaires do"
  • #3,433
  • Nov 7, 2012 10:44am Nov 7, 2012 10:44am
Quoting OrionsWay
Hopefully u did just that
Have you seen this guyz ? It's not bullish but viagrish !!!!
Attached Image (click to enlarge)
Click to Enlarge Name: cad.gif Size: 18 KB
Don't be smart. Be rich.
  • #3,434
  • Nov 7, 2012 10:46am Nov 7, 2012 10:46am
Quoting maximinus
Have you seen this guyz ? It's not bullish but viagrish !!!!

Good initiation for sure
"Millionaires don't use astrology, billionaires do"
  • #3,435
  • Nov 7, 2012 10:53am Nov 7, 2012 10:53am
Quoting OrionsWay
Good initiation for sure
yes, but to monitor closely at the parity level IMO. It could give back all the gains.
Don't be smart. Be rich.
  • #3,436
  • Nov 7, 2012 10:55am Nov 7, 2012 10:55am
Quoting maximinus
yes, but to monitor closely at the parity level IMO. It could give back all the gains.
It will go too and fro for many years in 1 direction, its current direction IMO
"Millionaires don't use astrology, billionaires do"
  • #3,437
  • Nov 7, 2012 3:54pm Nov 7, 2012 3:54pm
Quoting OrionsWay
Hopefully u did just that
Well I jumped the gun and added at .9930. Then they announced the Obama projection and added the other half at .9900. TP got hit at .9965, so a nice 50 pip day.

Quoting OrionsWay
It will go too and fro for many years in 1 direction, its current direction IMO
Agreed, very headline oriented I am expecting. I would speculate a slight edge in long USD sentiment now with an Obama win. Fiscal cliff talk should commence quickly, which should be USD positive and market negative. All the "middle class" talk can't bode well for Bush tax cuts.
  • #3,438
  • Nov 8, 2012 3:38pm Nov 8, 2012 3:38pm
Quoting Rknigh2
Geographic north?

I'll add longs again at .9910 to .9850... depending on how long it takes to get there.
I am buying this for now.Target is 1.0300 or weekly 200 ema.4 -6 weeks will be needed to get theare.mabe more maybe less will see.

cant find post replay button on this topic just qoute???
Attached Image(s) (click to enlarge)
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  • #3,439
  • Nov 8, 2012 3:58pm Nov 8, 2012 3:58pm
Quoting plesac
I am buying this for now.Target is 1.0300 or weekly 200 ema.4 -6 weeks will be needed to get theare.mabe more maybe less will see.

cant find post replay button on this topic just qoute???
Good trade. I also wanted to long this pair, but due to europe uncertainty, that can effect the USD, I went long on AUD/CAD. latter on I might add a long on USD/CAD tho
I will become the World's best at my own style
  • #3,440
  • Nov 9, 2012 4:53am Nov 9, 2012 4:53am
Really battling to break 1.0000.

Segment of a 5 minute chart. What's peoples' opinion?
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.png Size: 13 KB
It 'aint easy, bein' cheesy
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