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shadeslay replied Jun 12, 2007Aye it started out real slow today, I was about to call it quits myself for the day. Then it just started moving, actually did rather well today considering.
How to spot a waste of time trading day...
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shadeslay replied Jun 12, 2007out at 423, tops rounding out, missed my target by 7 but oh well.
Aussie Pairs
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shadeslay replied Jun 12, 2007the 60 area is my point of interest where it should meet the trendline if it makes it that far. Possible small short from there if it forms.
Daily GBP/JPY analysis
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shadeslay replied Jun 12, 20071h is showing signs of turning, a lot of resistance up top, if it breaks 610 looking for a retrace to 32-40. That's my point of interest to see if this run is slowing or over.
EURUSD
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shadeslay replied Jun 12, 2007good support coming up 3/30 low 288, congestion area for 3/16-3/21, 3/26 & 3/25 lows 255-60, also closing on center pitchfork channel.
EURUSD
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shadeslay replied Jun 12, 2007You got a nice little boost from the jpy report, it's hitting the up trend line now (normally where I look to buy) and showing some pa. Heavy resistance up above around 770-80. Depends how long you plan on trading it for, long term up trend line is ...
Cable Update (GBPUSD)
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shadeslay replied Jun 12, 2007starting to form decent pa for a possible upswing, a bit of resistance on the upside though.
Daily GBP/JPY analysis
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shadeslay replied Jun 12, 2007Not looking good for a retrace. Sticking with it though, with an 8pip stop.
Still could bounce off the upper trendline.USDCAD trend reversal?
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shadeslay replied Jun 12, 2007Divergence isn't to valid on the short term charts. Also try not to think of divergence as a reversal, it's more like a slowing of the trend while it builds up more momentum. That being said a slowing trend is a good place to look for reversals.
EURUSD
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shadeslay replied Jun 12, 2007Aye at this point to long I would wait for a significant breach of 780 (4h tl). I was hoping for another 20-30 pips from this last bounce. But it took a rolling decline, a short I would look for a good breach past 720 (30min tl). To many converging ...
Cable Update (GBPUSD)
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shadeslay replied Jun 12, 2007The downward trend line was right there at 680 which is close the the 5/30 daily low of 686, the trend was kind of steep which means they generally run out of momentum quicker. The odds were against it breaking through this time.
USDCAD trend reversal?
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shadeslay replied Jun 12, 200730-20 is not looking likely, will re-evaluate later out for now, not expecting much with the 30 and 1h still coming down and trendlines closing in on each other.
Cable Update (GBPUSD)
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shadeslay replied Jun 12, 2007Ya he pointed out it didn't play out, lol I traded it short term twice. I agree there wasn't much resistance to make it more valid, it did get close to a round number though. But they do work better when you have several s/r points.
Aussie Pairs
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shadeslay replied Jun 12, 2007ya lol sometimes you can just miss those tp's I've missed quite a few by 1 pip, even had some hit but it was to fast so the order didn't go through. Those normally end with me yelling at my monitor.

Aussie Pairs
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shadeslay replied Jun 12, 2007Ranging pretty nicely today, went long at 395 off the trend line, 10th's low and 400 mark. Tight stop below 7/6 low, not expecting a huge move though.
Aussie Pairs
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shadeslay replied Jun 12, 2007Tightening stop to low 80's, not liking the PA, if it breaks the 80's will look again at 700. Hoping to re-enter long in the 40-50, off a bounce of the TL or lower TL at 600.
USDCAD trend reversal?
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shadeslay replied Jun 12, 2007Looking for exit and or next long in the 730-720 range. 100sma (15min chart) and conservative up trend line. Kind of poor PA, it's just rolling down, with a steep down move on the 1h, could possible break downward, if so I'm holding my short.

Cable Update (GBPUSD)
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shadeslay replied Jun 12, 2007Short to 40, if it hits the 2nd line up (600) that's fine too, even better to long it. Strange how well the markets are moving right now, not that I'm complaining.
USDCAD trend reversal?
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shadeslay replied Jun 12, 2007Aye I've been watching e/g, not shorting g/u until e/g shows signs of turning.
Cable Update (GBPUSD)