I think it will continue rising too, especially if it breaks above 1.2850. If it does, next target is 1.2930 - 1.2940.
- #9,643
- Apr 14, 2016 10:03pm Apr 14, 2016 10:03pm
- Joined Jul 2011 | Status: Gold Again | 10,567 Posts
{quote} The trend is oil and precious metals have had a nice 2 month run. Any correction in oil and the Loonie is going in the penalty box for a timeout. I'd rather get short up closer to 130. Do I get some sort of prize for getting the trend right?
Short at 1.30 ??? better jump in your time machine and go back to Monday
Still no close above that line on 4 hour; do you really need the chart?
It takes a lot for me to IGNORE you, but you can try.
- #9,644
- Edited 10:42pm Apr 14, 2016 10:32pm | Edited 10:42pm
- Joined Aug 2013 | Status: Trader | 4,897 Posts
{quote} Your prize is, you can trade in the right direction
I'd rather wait for a 4H close above the golden level and get long on a retest. Either way, pips are pips so long as they are green.
Good trading to ya
Pride always comes before destruction.... -Proverbs 16:18
- #9,645
- Apr 14, 2016 11:46pm Apr 14, 2016 11:46pm
- Joined Jul 2013 | Status: Trader | 1,738 Posts
{quote} What are you smoking over there? I'll have someCheck the Daily, who can guess the trend? {image}
- #9,646
- Apr 15, 2016 12:32am Apr 15, 2016 12:32am
- Joined Jul 2011 | Status: Gold Again | 10,567 Posts
{quote} I was referring to H4 but any ways, the pair is more likely to correct further.
It takes a lot for me to IGNORE you, but you can try.
- #9,647
- Apr 15, 2016 1:06am Apr 15, 2016 1:06am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Money moves the market, not an indicator.
- #9,649
- Apr 15, 2016 8:53am Apr 15, 2016 8:53am
- Joined Aug 2013 | Status: Trader | 4,897 Posts
Pride always comes before destruction.... -Proverbs 16:18
- #9,660
- Apr 17, 2016 2:26pm Apr 17, 2016 2:26pm
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
