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MoForce replied Jul 17, 2007Emerging patterns Currency Pair Interval Time (EST) Pattern Direction Trend Length Quality USDCAD 15 Jul 17, 23:30 Falling Wedge image Continuation 525 0.546417 USDCAD 15 Jul 17, 23:30 Falling Wedge image Reversal 591 0.862133 In all my time ...
USDCAD trend reversal?
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MoForce replied Jul 17, 2007The weird thing is how so many people are going against the trend. It's been like these for weeks now... image Note the RED line...E/U is THE MOST shorted pair based on OANDA Until that line goes over 50% E/U will keep going up lol
EURUSD
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MoForce replied Jul 17, 2007You got it all wrong man...the US economy couldn't be better. Sure its value is low but living in the US at this time is the best! Everything is like....cheap =P
Cable Update (GBPUSD)
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MoForce replied Jul 17, 2007Man once G/U hits the top...imagine how much profits we'll be making! I can't wait for that to happen! The question now is... where is it?
Cable Update (GBPUSD)
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MoForce replied Jul 17, 2007I just did
all my signals, indicators, everything says UP UP UP! I'm already +8 on my latest position I opened around 1.3810. If US comes out with bad data tomorrow I'd say we definitely are headed to 1.4+EURUSD
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MoForce replied Jul 17, 2007lol US markets broke yet another record...DOW broke 14,000
USDCAD trend reversal?
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MoForce replied Jul 17, 2007I don't believe in interest/swap so my accounts don't have that. Well I hope U/CAD goes up to around 1.05 then drop back down again
USDCAD trend reversal?
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MoForce replied Jul 17, 2007good choice! although I think it might go up more...I think the US might have some good PPI results but have everything else end up with bad news
USDCAD trend reversal?
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MoForce replied Jul 17, 2007USD/CAD keeps hitting the 1.0422 support level and has been stuck there for a while now...if it does bounce off this level then my target is that 50% retracement mark
USDCAD trend reversal?
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MoForce replied Jul 16, 2007Yeah it must be...I live in the US and the economy couldn't be better! Breaking records like every other day!
USDCAD trend reversal?
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MoForce replied Jul 16, 2007I think we'll find support in the 1.0370-1.0380 (my predicted wave 2) area and from THERE it'll go back to the 1.05XX
USDCAD trend reversal?
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MoForce replied Jul 16, 2007Yep it's great! For now I still haven't opened that long and am still holding that short...if USD/CAD doesn't break 1.0400 tomorrow I'd say we're in for a reversal or retracement
USDCAD trend reversal?
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MoForce replied Jul 16, 2007Nice! I just opened a short at the support point and luckily it broke now is the psychological barrier of 1.0400 then 1.0380
USDCAD trend reversal?
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MoForce replied Jul 16, 2007I think it's because the pair needs to complete it's downward push...thats what me and DutchTrader were arguing about...problem is...who knows how much it'll go back up once this fall is complete.
USDCAD trend reversal?
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MoForce replied Jul 16, 2007looks like it'll test the support at 1.0380 first
yes it went down! I might long at that pointUSDCAD trend reversal?
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MoForce replied Jul 16, 2007Well with the good US news and all it probably will go up but I doubt it will go beyond 1.0550....besides the real news comes out tomorrow and on wed. I'd say that this new upward momentum the US gained is just guaranteeing it'll fall harder in the ...
USDCAD trend reversal?
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MoForce replied Jul 16, 2007Like I was saying this whole time....south
it keeps hitting that 1.0445 level and today could be the day it breaks provided we get the right news from USD and CAD but I'll probably put a low S/LUSDCAD trend reversal?
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MoForce replied Jul 15, 2007well I wouldn't say slow =P it still had quite a bit of movement
Daily GBP/JPY analysis
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MoForce replied Jul 15, 2007I got one that basically follows these indicators so thanks anyway
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