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Thread: USD.CAD

  1. #31
    Senior Member slam's Avatar
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    showing our age now arn't we[8D]
    Used to play that in a band years ago[:I]

  2. #32
    Kanga ru Xerof's Avatar
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    You're only as old as you act - I'm currently 23

    [^][^]

  3. #33
    Guru peat's Avatar
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    no no xerof
    its "you're as young as the woman u feel"

  4. #34
    Kanga ru Xerof's Avatar
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    bugger, that makes me (circa)50 then [xx(][xx(]

    I prefer my original stance on this matter - anyone got a spare 23 year old?

  5. #35
    Senior Member slam's Avatar
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    Only if you want to take half of mine[:0]

  6. #36
    Kanga ru Xerof's Avatar
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    Arco, bit of a roadblock here at 1.2520ish for the moment it seems

    Is that level of any importance TA'wise?

    Xerof

  7. #37
    action-reaction arco's Avatar
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    Currently trying to break an Ascending triangle.
    Could be the 618 fib area causing a bit of resistance.
    Once broken should continuing north IMO.

    Safety precaution - maintain a watch for a positive break of
    an 30 min 50 period SMA. This has been supporting well so far.









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  8. #38
    Kanga ru Xerof's Avatar
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    Just closed USD/CAD long at 1.26585 for 282.5 pips. Will look to rebuy at 1.2605, if I can raise the enthusiasm to continue trading the Loonie. Prefer others

    Xerof

  9. #39
    action-reaction arco's Avatar
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    Immense pressure to conquer at 2695.

    It looks like one small Butterfly may have
    completed (forming Leg EW5), so we could see
    some form of reversal here. A very large Gartley
    appears to be also on its last legs.

    Not too sure whether to keep my shorts on,
    or remove them and see what happen

    arco





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  10. #40
    Kanga ru Xerof's Avatar
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    Ahem, keep them on poleeease

    but not too sure about your usd/cad position - buy/reverse at 1.2600 for 1.2750/1.2800?

    Xerof

  11. #41
    action-reaction arco's Avatar
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    Ok Xerof, I kept my shorts on ,
    and very pleased I did too.

    The previous days bearish Dark Cloud Cover candle,
    a Tweezer Top, and a number of other factors pointed
    to a low risk entry.

    Wing your way south if you please.



    arco







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  12. #42
    Senior Member slam's Avatar
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    arco
    I get an initial target of around 1.2500
    fit with anything you have?
    Cheers
    Slam

  13. #43
    Kanga ru Xerof's Avatar
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    AAAh, wonderful....position, attire and graphics


  14. #44
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    exit short at 1.2570 for +65

    It helps defray the cost of my recent "Pounding" [B)]


  15. #45
    action-reaction arco's Avatar
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    Slam

    There are a number of possibilities IMO.
    Next Gann level is circa 2451.

    Short 2695 + 125

    arco






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