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- shadeslay replied Jun 22, 2007
Still has some momentum, so I figure a push towards 500 isn't out of the question.
EURUSD
- shadeslay replied Jun 22, 2007
Meh was kind of hoping for a bounce of 450 today, the trend line down from 4/30. Not sure I'll get it today though. I do think most of next will be a downward pattern, that is if it takes a bounce off that trend line, see no reason it shouldn't at ...
EURUSD
- shadeslay replied Jun 21, 2007
It gets even trickier with some pairs, for example this time eur/usd moved down, which caused aud/usd to move down, which caused aud/jpy to move down. Likely why when you first start out they say to stick with one of the major pairs like eur/usd. ...
USD/CHF
- shadeslay replied Jun 21, 2007
Having a tuff time with that trend line, still has a lot of momentum in the back ground.
EURUSD
- shadeslay replied Jun 21, 2007
I use the +5 for e/u and g/u, they seem the most consistent for me. But it varies, I've noticed at certain times other settings seem more in sync.
Pivots best default timezone
- shadeslay replied Jun 21, 2007
Currency correlation, the bigger currencies like eur/usd, gbp/usd and the yen (carry trades) can have an impact on numerous other currencies. It's often hard to see most times unless they take quick sharp moves. But if you had a chart of eur/usd and ...
USD/CHF
- shadeslay replied Jun 21, 2007
aye waiting for either a clear break or bounce off the eur/usd trend line. Most of the eur and usd moved across the board signaling eur/usd was the motivator. And it's currently touching the upward trend line from a few weeks back.
USD/CHF
- shadeslay replied Jun 21, 2007
Generally avoid predictions, but if it makes it there it would be a good place to look for a long. Doesn't look like it will make it there though, fundamentals good chf news so chf goes down value.
USD/CHFAh nm, I see now said the blind man, e/u ...
- shadeslay replied Jun 21, 2007
Not to sure, maybe not enough interest in chf to have a big impact. Have it touching the trend line down now so it should likely come back down, if not then the down trend is broken and I'm gone from my trade.
USD/CHF
- shadeslay replied Jun 20, 2007
Yep I concur, the top trend line is wrong for a support and resistance role. It could still act as a guide line, but don't expect price to respect it. Edit: much better
Cable Update (GBPUSD)
- shadeslay replied Jun 20, 2007
I've seen some spikes before but not quite like this one, broke my chart. To bad you can't capitalize on them a short right then would make you an instant millionaire. Look at the daily range, all your daily range are belong to us.
Aussie Pairs
- shadeslay replied Jun 20, 2007
I have a short from 390, this is one of the ones I'm testing for learning longer term trades. Which is still new to me, anything much over a day. Looks pretty good to me so far, my first area of interest is in the 331 range to determine if it still ...
USD/CHF
- shadeslay replied Jun 20, 2007
aye it was a good short signal going on, it still could form. And ya I concur 700 is the magic number. Although I don't see this news making that point. Just enough to mess up any good move down for now.
USDCAD trend reversal?
- shadeslay replied Jun 20, 2007
Is what I just said, damn demo is cheating me.
USDCAD trend reversal?
- shadeslay replied Jun 20, 2007
Getting close to my target to short, was hoping it would reach that point today. But it's not looking like it, I just need a clear signal before I jump in. Good PA or a bounce off the downward trend line. Should likely define the direction for a few ...
EURUSD
- shadeslay replied Jun 20, 2007
sorry bro not looking good for that long now, although the news could be in your favor, it was on the lower side of expectations last few times. I just went short myself, the pa is too good to pass up, nice tight stop in case the news has an impact.
USDCAD trend reversal?