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Right on DJR, I know that a high CAD$ hurts exports and I think the Gov/Banks are likely to step in. I have read that 1.15 is a favored level. There may be a test of par first though.
I have long positions too.
If it is cash you have nothing to worry about, it is tax free
Qui, I use FXCM charts, they only shutdown for a couple of hours over the weekend, I do all my updates on Sat or Sun
OK ST, It will be more script than charts tho.
On a bragging note, I have had the best week ever, 21% this week, 91.85% year to date! Just over $1550 this week!
OK ST, I will try and put something together over the weekend, I have trouble putting my thoughts down sometimes. I'll do my best
ST, would love to take you up on your offer but I am afraid I am still back in the dark ages drawing trend lines and just using basic indies plus some of my methods are very unorthodox. Trouble is I am very successful so far this year so I can't fix what ain't broke or add any bells and whistles'
I really appreciate and enjoy seeing thee new methods brought forward here and the fact that so many have done so well over the past year or so. Fantastic board for newbies and oldies alike!
All I can say right now is ouch!! I should have stayed in bed today!!
Oh well, what goes up must come down! One day
I have entered a small USD/CAD long, need some outside pips, EU has had me locked up long enough
Omar, much better than expected PMI results for GB
Good morning Omar, seems you are not getting much sleep these days. I an deep red on EU short but not concerned, I will take pips on the way up.
I agree with git, 3685 area and perhaps 1.40. It will be a fun ride back down.
Getting interested in AUD pairs, the currency can't help but gain strength, way ahead of the rest of the world re recovery.
Omar, here is a good one I just came across, can be detached to and it is free
http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx
Too funny, I am with you guys, obivously we are seeing the same things even if we are looking at different pictures!!! LOL
All my trades were in that wick on the 15M candle at 4AM EST!!
Morning all, slept in big time, all my targets hit overnite so woke up to big bonus, day goal met X five!! LOL
EU is a riot if you are playing hit and run the past couple of days, I love Europe and the fact they don't know where they are or where they are going!!!
Joined yo Omar, not sure why tho!! LOL
Careful, AUD might jack the rate again Tues, that will be Mon eve for us
Well with any luck, that will be the top, for me anyway, I still have a short open. GU gapped down about 50 pips too but that is good for me except I had a TP that was blown through!
So much for my charts, 50 pip gap up at 2:30 PM est! 3668!!
Hi Omar, The link worked for me but not an exciting blog, not that much on it.
I did like how that EU chart helped confirm my thoughts. I'll post a 15M chart soon, studied EW again for hours, seems like you can never stop learning from the same material.
Hope the week ahead smiles on you!
Hi guys, looking for opinions again, this wave seems to be getting long in the tooth. I think it could break out soon, problem is which way. I tend to think down with the recent rumors of hedge funds selling Euro, but on the other hand if Greece gets it's goose it could break above 3655 and stay there. Anyway, I have a target here for either move and thought I would get your thoughts.
Rez, don't feel bad, 3 weeks ago I lost $2200 by pushing a wrong button! Luckily made it back plus plenty more, but sure was scary at the time!
Buyit, Awesome presentation, thank you. I had the pleasure of viewing it on my new 32" monitor. Very informative and simple, great reminder of things I used to do as the charts changed.
Thanks again, member marked and I look forward to future videos!
Great site pennies, thanks, such a quick and easy ref!
No Omar, I have done well, taken care of the daily goal, now hae to chip away at the bad trade!
I have hedged long to cover!
I see the weekly S1 @ 3775 and the Mar/Dec 09 50% Fib @ 3800.
Could be a chance to go to 3775/3800 by the loooks of it
You got caught too git!! I entered a short and fell asleep for 20 mins! Covered in red when I woke up!!
Thanks, I like it!
Thanks pennies. Is there a good demo out there I can use that includes charts for Gold, Oil and $Index ??
I saw something, can't remember wher right now, that suggested the move was made to encourage banks to raise capitol through the private sector, and not meant to be a sign of tightening.
You need to see what happens overnight, I would not do anything other than hit and run before 11AM tomorrow morning.
I am dissapionted, left the house at 3PM with a sell order @ 3637, missed by a few pips!! Oh well, the asian session could be interesting!!
This is from fx daily...
18 Feb 7:31:55 PM worth noting that the dow high is within 10 points of its 61.8 retracement
Nice to see you guys are killing forex this week, I am sure many have exceeded expectations. I am more the 1/2 way to my goal for March, so it makes for much more relaxed trading!
Mine was EU Omar, but yes I did get out at a small profit, should have waited but after 2 days of red I just wanted out!
I did a wire xfer, took 3 days cost $15. Did the xfer on a sat or sun. It was in my acct 5pm yeasterday
Thanks, I deserve them, computer is going to be so much better and only $500.
I just got a deposit confirmation from my bank! $2500 compliments of FXCM and forex!!