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  • #873,561
  • Jan 31, 2014 6:47am Jan 31, 2014 6:47am
Quoting Vachus
Markets are focusing today on CAD GDP number .... I think its a Crude game today and EURUSD is just ranging ! Expectation on CAD GDP is lower then expected / lower then previous , which is not a good news for my USDCAD short. Though i'm still holding the trade, no worries CAD i'll never let you go

r/r is very good for cad shorts, wether it plays or not, been a massive pounding shes taken for some time, the data in 45 could really set this market alight
If you are new to Forex? Say Goodbye to your account!!
  • #873,562
  • Jan 31, 2014 6:49am Jan 31, 2014 6:49am
Quoting kuroro001
{quote} Doesn't look like it wants to go up....H1 is full upside. So any move down should be a shakeout before going higher IMO. But i don't trade it, just had a quick glance at it
I honestly wouldn't consider Long/ short, the morons are speculating on a rate cut - these type of morons are known for two things " Fat accounts & selling floors ". So, its pointless trying to look for signs or normal setups! While selling they are building stops above 1.38 , which is easy reachable by ECB's next meeting. Then , things will turn really nasty. ( I'm talking about EURUSD , are you talking about CAD or EURUSD ? )

My preference currently is USDCAD short , and EJ long ( Though i started losing faith in both of them )
"It's the Margin, Stupid."
  • #873,563
  • Jan 31, 2014 6:54am Jan 31, 2014 6:54am
Quoting Vachus
{quote} I honestly wouldn't consider Long/ short, the morons are speculating on a rate cut - these type of morons are known for two things " Fat accounts & selling floors ". So, its pointless trying to look for signs or normal setups! ( I'm talking about EURUSD , are you talking about CAD or EURUSD ? ) My preference currently is USDCAD short , and EJ long ( Though i started losing faith in both of them )
Oh i was talking about USDCAD for your short.

But so far i feel more confident shorting EURUSD, GBPUSD, and i may try a long EURCHF for 1,233x (but still waiting for a setup)

I'm ready to reverse whenever i see strong setups.

Eyes on CAD news and US open...nothing to do until then
COT: The precious data ignored
  • #873,564
  • Jan 31, 2014 6:54am Jan 31, 2014 6:54am
If we see next month up from here bear will be totally fkd up by monthly TF.
That's why this month close expected as high as possible beyond bearish limit.

Two taper deceleration back to back so I assume no more in February which is a good sign for bull if 3450 can defend.
You cannot learn better without losing
  • #873,565
  • Jan 31, 2014 6:55am Jan 31, 2014 6:55am
Quoting Vachus
{quote} I honestly wouldn't consider Long/ short, the morons are speculating on a rate cut - these type of morons are known for two things " Fat accounts & selling floors ". So, its pointless trying to look for signs or normal setups! While selling they are building stops above 1.38 , which is easy reachable by ECB's next meeting. Then , things will turn really nasty. ( I'm talking about EURUSD , are you talking about CAD or EURUSD ? ) My preference currently is USDCAD short , and EJ long ( Though i started losing faith in both of them )
CAD i wont touch until 1.125 area. EJ im looking around 137-138. Next week.
  • #873,566
  • Jan 31, 2014 6:56am Jan 31, 2014 6:56am
My best friend! Ever!
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fokyou forexfactory
  • #873,567
  • Jan 31, 2014 6:57am Jan 31, 2014 6:57am
Quoting kuroro001
{quote} Oh i was talking about USDCAD for your short. But so far i feel more confident shorting EURUSD, GBPUSD, and i may try a long EURCHF for 1,233x (but still waiting for a setup) I'm ready to reverse whenever i see strong setups. Eyes on CAD news and US open...nothing to do until then
I'm selling against a consensus in the markets and a biased trend ... so, it needs time to work my way ! I like to take the opposite trade when markets trade on Assumptions , they are having the Aussie Deja vu.
"It's the Margin, Stupid."
  • #873,568
  • Jan 31, 2014 6:59am Jan 31, 2014 6:59am
We got a retest of 1,351x m1 reversal.

Lets see if m5 follows or want to break it

But the kid is behaving very well lately
COT: The precious data ignored
  • #873,569
  • Jan 31, 2014 7:00am Jan 31, 2014 7:00am
[highlight=rgb(245, 245, 245); font-family:arial,sans-serif; white-spacere-wrap]Maybe euro wants just a formal LL before moving on.. WHich is often the case when price comes back to recent accumulation areas.[/highlight]
69
  • #873,570
  • Jan 31, 2014 7:04am Jan 31, 2014 7:04am
bought it here. see good support in 1.3510-15 area. looking for 1.36.
  • #873,571
  • Jan 31, 2014 7:06am Jan 31, 2014 7:06am
Quoting Likerty
Maybe euro wants just a formal LL before moving on.. WHich is often the case when price comes back to recent accumulation areas.
all we need is EG to kick up his leg
fokyou forexfactory
  • #873,572
  • Jan 31, 2014 7:06am Jan 31, 2014 7:06am
Quoting giveachance
bought it here. see good support in 1.3510-15 area. looking for 1.36.
That'll be my target 1,360x & 1,364x once i go long...still looking for a good setup. Only crap longs so far
COT: The precious data ignored
  • #873,573
  • Jan 31, 2014 7:07am Jan 31, 2014 7:07am
Quoting kuroro001
{quote} That'll be my target 1,360x & 1,364x once i go long...still looking for a good setup. Only crap longs so far

it has not reacted weirdly to inflation news. that is enough for me to long it. the fall from 1.3740 to 1.3514 has come very fast.
  • #873,574
  • Jan 31, 2014 7:08am Jan 31, 2014 7:08am
Quoting giveachance
{quote} it has not reacted weirdly to inflation news. that is enough for me to long it.
exactly my tought
fokyou forexfactory
  • #873,575
  • Jan 31, 2014 7:10am Jan 31, 2014 7:10am
its not a good buy at all, that all I want to say, not even intraday, not yet
swing it!
  • #873,576
  • Jan 31, 2014 7:11am Jan 31, 2014 7:11am
Quoting giveachance
{quote} it has not reacted weirdly to inflation news. that is enough for me to long it. the fall from 1.3740 to 1.3514 has come very fast.
Need more than a news to take a trade.

PA is clearly not wanting for a long at this moment. Way too many upside attempts rejected....Swim within the flow
COT: The precious data ignored
  • #873,577
  • Jan 31, 2014 7:16am Jan 31, 2014 7:16am
Quoting DNTme
{quote} you still long or bail it?

So you post your fluff here - try to come down on me and then you run to Gator asking for advice? If you knew Gators trading style at all you would not even be asking such a question.

Good luck to you.


Faller.
I don't trust any move - when you have profit...take it.
  • #873,578
  • Jan 31, 2014 7:16am Jan 31, 2014 7:16am
its not going up nor down..

lunch time
fokyou forexfactory
  • #873,579
  • Jan 31, 2014 7:17am Jan 31, 2014 7:17am
Quoting DNTme
My best friend! Ever! {image}
nice trade
may I ask what type of mas you use, just curious ?
  • #873,580
  • Jan 31, 2014 7:19am Jan 31, 2014 7:19am
Quoting DNTme
its not going up nor down.. lunch time
Usually when it prints new daily low it means its going down....just my own interpretation lol
COT: The precious data ignored
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