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CanuckCT replied Sep 8, 2009Eduardo, I did sell USDCAD at just above 1.09...after the NFP dust settled...primarily based on the weekly pinbar it was looking to create and bearish on H4........and now have moved stop to 1.08. Cheers CanuckCT
Silent Service Method
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CanuckCT replied Sep 4, 2009The weekly looks like it might be tracing out a pinbar and the daily now looking bearish....so the price action might be supporting a short....there is a 1-2-3 pattern on H4 now with a nice tidy fib extension to 1.088 and then on to 1.0742.....so on ...
Silent Service Method
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CanuckCT replied Sep 4, 2009Still short....240 pips locked...65 floating at the moment. Not concerned about NFP...have a game of squash with my son, he usually kicks my butt, but it's a great workout for me. So it will be mid morning before I check in to see how NFP affected ...
Silent Service Method
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CanuckCT replied Sep 3, 2009Hey Eduardo, I like your reasoning on your EURGBP trade...I have 0.88 as an important level and the bearish candle on the daily a few days ago would be a good entry point, with stops in the .8860 area. For USDCAD, I have only three important levels ...
Silent Service Method
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CanuckCT replied Sep 3, 2009Hey Eduardo, What else do you see in these charts to suggest a trade... Cheers CanuckCT
Silent Service Method
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CanuckCT replied Sep 2, 2009Stefx, I see you are using MACD with standard settings....do you find you use this much in your trading? I doo like that MACD setting. Cheers CanuckCT
Silent Service Method
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CanuckCT replied Sep 2, 2009I zoom out on the weekly and draw my lines on that chart with 100 to 200 pip zones, depending on the pair. I then look at the daily to see if it makes sense there. For entries, I look for weekly pin bars at areas of interest. But often entries will ...
Silent Service Method
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CanuckCT replied Sep 2, 2009It could...that's a nice round number. But the way I have my chart levels, 130 is not a level I'm looking at. Here is the daily for essentially 2009. I am holding my stop just above the current day's bar....there has been a lot of trading in the 134 ...
Silent Service Method
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CanuckCT replied Sep 2, 2009Hey Eduardo, Care to share a chart and explain why you have sold each of these pairs....I don't mean to be critical, but your comments about moving to "breakeven by Friday morning or close if not"....doesn't really sound like you have a solid game ...
Silent Service Method
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CanuckCT replied Sep 2, 2009EJ — Now that we have cleared the 132ish range....looks like next target is 128. I've moved my stop to lock in about 240 pips. Might be premature to move to here...but would be quite content to get stopped here......now back to work! Cheers ...
Silent Service Method
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CanuckCT replied Sep 1, 2009GU — Not a trade I'm in...but this one I believe to be textbook for this approach to trading. I've only started back trading last week after some time away due to personal reasons......this weekly pinbar fours weeks ago on GU is a good a setup ...
Silent Service Method
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CanuckCT replied Sep 1, 2009Just broke 132...so could get interesting from here. There is a trendline from Apr and July lows that may provide a place to bounce... Cheers CanuckCT
Silent Service Method
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CanuckCT replied Sep 1, 2009EJ daily — It's the daily chart that has prompted me to move my stop....here is what it looks like at the moment. Cheers CanuckCT image
Silent Service Method
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CanuckCT replied Sep 1, 2009EURJPY — image This is the only trade I'm in at the moment.....just about to lock 100 pips... Cheers CanuckCT
Silent Service Method
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CanuckCT replied Aug 27, 2009USDCAD — Any comments on USDCAD...I'm thinking that although it wants to bounce at 1.08...there is no real indication of strength at the moment. Weekly - last week was a bearish engulfing, but if you take the two previous weeks, that's a ...
Silent Service Method
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CanuckCT replied Aug 11, 2009Nice to see this thread out of the recycle bin. Cheers CanuckCT
Tkpower8 ATM
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CanuckCT replied Jun 15, 2009AUDUSD — Anyone catch the AUDUSD short...based on double top and rejection at .82....even though that level is not on my chart....it seemed to be an obvious rejection. 80 pips locked.....now waiting for something to happen. Cheers CanuckCT
Silent Service Method
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CanuckCT replied Jun 5, 2009GU Weekly — I was done for the week.....and checked in to see this chart. I'm in for a move down to 1.55....now realizing I need a confirmation of the move down....that breaks the low of the pinbar. I still think this is a very bearish looking ...
Silent Service Method
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CanuckCT replied Jun 5, 2009Just closed GBPCHF short due to NFP shortly and target exceeded...done for the week... Have entered a sprint triathlon this weekend, my first ever triathlon. Not quite ready for the run, but gotta start somewhere. 750m swim, 20km bike and 5k ...
Silent Service Method
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CanuckCT replied Jun 4, 2009Hey Q, I like this indicator...what are you trying to use it for? Cheers CanuckCT
Bb_macd_cct (Indicator using it)