Anyone interested in gold might put a 1316 sell stop order now and thank me later 
- #67,183
- Oct 8, 2013 4:12am Oct 8, 2013 4:12am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Perfect site, thank you PiptrapperAbout the usdcad, I see it bearish below 1.0385 , do you think the 1.030 will hold ? I think bears have a good chance to win this 1.0300 1.0330 battle. I will be bullish only above 1.0390.
In the meantime, we could retest 1.0190 area and in an extreme case, even parity. However, I will only buy this pair on dips going forward as I am not interested in counter trend trades that move like snails.
Those who say it cannot be done should not interrupt those who are doing it
- #67,185
- Oct 8, 2013 5:29am Oct 8, 2013 5:29am
- Joined Jan 2012 | Status: Trader | 1,005 Posts
{quote} I have a bullish outlook on USD/CAD and I see it heading for 1.10 minimum, but that is a mid-term outlook. In the meantime, we could retest 1.0190 area and in an extreme case, even parity. However, I will only buy this pair on dips going forward as I am not interested in counter trend trades that move like snails.
Yes those are nice targets for my sell stops too . This pair is in a nasty range now.It has to stay below 1.03 for shorts.Otherwise once I see it over 1.0340 and 1.0390 1.10 is a very tempting offer
{quote} Now you learn why trading 5 min charts is nothing but garbage, study 4h charts !!!
I look at 700 and 2800 tick on the 6a Aussie futures, but place my order on Oanda. I was stopped out by a single pip on my long but I reentered and scaled out of the move up. I use very tight stops. I never imagined it would go this high. Good call Oka. I finally made some money
{quote} wow, i wonder, is that means US made profit by shutting down? sell aud usd
There is no profit when you have 100 trillion in unfunded liabilities. Besides, congress agreed to pay employees even though they are not working. What a bunch of jerks. I wonder who's money they are wasting? Do they even care? I think not.
- #67,188
- Oct 8, 2013 6:46am Oct 8, 2013 6:46am
- Joined Aug 2013 | Status: Trader | 4,901 Posts
Pride always comes before destruction.... -Proverbs 16:18
- #67,189
- Oct 8, 2013 6:55am Oct 8, 2013 6:55am
- | Joined Feb 2007 | Status: Small is beautifull | 1,368 Posts
- #67,191
- Oct 8, 2013 7:33am Oct 8, 2013 7:33am
- Joined Jan 2012 | Status: Trader | 1,005 Posts
{quote} I look at 700 and 2800 tick on the 6a Aussie futures, but place my order on Oanda. I was stopped out by a single pip on my long but I reentered and scaled out of the move up. I use very tight stops. I never imagined it would go this high. Good call Oka. I finally made some money
