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Thread: USD.CAD

  1. #151
    Legend peat's Avatar
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    closed +50 MACD is turning down and this was a scalp type trade.

  2. #152
    action-reaction arco's Avatar
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    Bit miffed my long at 1010 just missed be taken
    for a nice ride. I was just toooo greedy I guess [:0]



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  3. #153
    action-reaction arco's Avatar
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    Always a chance the action may force through the Kumo and enter the Blue Box area.

    Less amazing things have happened, but just waiting for that magical reversal signal before pouncing



    regards - arco




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  4. #154
    Legend peat's Avatar
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    already had a bit of a smackdown...

  5. #155
    action-reaction arco's Avatar
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    Hi Peat

    Yes, thats a weekly chart, so patience may be required
    for the possible reversal pattern to appear.
    Possible Gann around 1292 may assist, and I will be doing
    a little more contemplating tomorrow once I get the EOD candle.

    regards - arco





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  6. #156
    action-reaction arco's Avatar
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    Hope a few day traders/scalpers took advantage of
    the Gann support I mentioned and grabbed circa 90 pips.

    Thanks Mr Gann - you've worked your magic again.










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  7. #157
    Legend peat's Avatar
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    no , but I did retain the 30 pips I got on the way down thanks Arco getting out at 98 after your mention of the Gann.

  8. #158
    action-reaction arco's Avatar
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    For Gann Fans

    Looney went on higher to give a max of 140 pips so far.

    arco



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  9. #159
    Legend peat's Avatar
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    With ya Arco, but was a bit late entering long , so its only a small positive so far.

    The Ichi on the 1 hr time frame never broke , last I looked.

    The strength on the USD in this cross is rather contrary to USD everywhere else. Strange? I thought it would be more similar to AUD or NZD, you know, as in commodity currencies (and hence down) but evidently not.

  10. #160
    Legend peat's Avatar
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    a bullish falling wedge over the last 18 hours.

    which it verily proceeded to smash through on the downside [:I], and pretty much immediately reach the obvious target distance = the verticle edge of the aforementioned wedge.

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