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BillyRayVal replied May 19, 2008hahaha....Apologies....gotta give credit where its due.....you're the first
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BillyRayVal replied May 19, 2008Yeah I had one in the middle of last week that went for a couple hundred pips but it was already underway. Haven't finished digging through charts yet today but I'll try to post them as I see them.
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BillyRayVal replied May 19, 2008Noticed you started a thread..... url keep me posted I like the input
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BillyRayVal replied May 19, 2008True, but I'm wondering if its going to hold at this point (if it does go higher). Its hit the trendline about 7 or 8 times now with a successful bounce in the direction of the trend. What's your experience with that? Also, if you look at a daily ...
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BillyRayVal replied May 19, 2008I was able to nab +40 partial on this before it crept higher, as I thought it might have per my previous post. Potential is still there, as this entire range up to .9960 shows a lot of previous resistance/support. Next mark up to .7785-.7800. Again, ...
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BillyRayVal replied May 19, 2008thx for following up......yeah the general feeling out there seems bullish eur and bullish usdcad, just reading around Street consensus. but again, ya never know. high probablility, right?

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BillyRayVal replied May 19, 2008Right....watching it now its a little whacky. I was +19 max on this so far, executed at .9930, the top of that area I was talking about earlier.
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BillyRayVal replied May 19, 2008EUR Sell — EUR might see a snap at around 1.5650 if it can get up there, but not putting it on the books. Minor area of resistance but big retracement zone.
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BillyRayVal replied May 19, 2008Could be a hard morning for the dollar as Friday's activity seems to continue today. All pairs showing strong movement anti$. Not going 90% on this one, but still in it with smaller size trying to get a quick scalp. In the zone right now we'll see ...
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BillyRayVal replied May 19, 2008Thanks for the good words. Yeah I'll play these occasionally, but I like all the stars to be aligned if you know what I mean. There can be a lot of different methods applied to trading this way, simple abc patters seem to have been the best place to ...
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BillyRayVal replied May 19, 2008Personally just not a huge fan of channel or other diagonal trendline techniques (though they do work many times), but others would certainly argue. I've just found them incredibly hard to guage reliable vs. not (for the reason you explained), as ...
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BillyRayVal replied May 19, 2008Just curious what's your methodology/strategy for entering? How does it work? Just trying to figure it out...thanks!
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BillyRayVal replied May 18, 2008this is counter-minitrend (if you know what I mean), and also charts not showing weekend data might look to close that gap right up to .7742. we'll see how it goes; just some speculation. Trend might continue; a lot of ferocity on Fri.
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BillyRayVal replied May 18, 2008CAD is a hard call right now because its a little ambiguous, due to the fact that lower support has been sloshed around for a little while, and there are multiple support levels which might or might not stick. The goal is to find the next decent ...
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BillyRayVal replied May 18, 2008Thanks. You're the first person to point out my namesake
. Great movie! Winthorp can stick it. I agree with keeping the posts 'clean'. That's the target. I'll keep butting in to try to do so.No Brainer Trades