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bobblong replied Sep 7, 2007It's not going anywhere, even after such crappy NFP figures. That's what bobblong is thinking mw .. lol. But my condolences to all bulls that got buried today, you had it coming. Will only be considering any kind of position in timeframes 1hr or ...
USDCAD trend reversal?
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bobblong replied Sep 6, 2007After some frustration... — After some 2 weeks of beating myself up on how to properly use the rainbow.. I had some sort of AH HAH! moment and managed to rake in 8% with 1 minor loss in between london open and now, about 3 or 4 trades. Using ...
Linuxtroll Simple Scalping
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bobblong replied Aug 30, 2007What explains it? Well consider that this pair has been BEARISH for 2 years straight so any upmove is just a spike until you see a strong uptrend for a considerable amount of time. Also oil prices went up due to supply problems in the US so that ...
USDCAD trend reversal?
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bobblong replied Aug 28, 2007Well it seems I was wrong, at least for now....
USDCAD trend reversal?
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bobblong replied Aug 27, 2007USD/CAD ? Looks like it's going to continue ranging like a bitch as it has been doing. The fact that it may get to 1.0560 does not indicate direction of any kind to me. I'm not even trading the pair right now. That's 40 pips from open... hmm? Most ...
USDCAD trend reversal?
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bobblong replied Aug 27, 2007Mantra is LT's great great grandmother, a dozen pages back you will find a moving story about her in which LT tells us why she is the key to his success. So when trading the rainbow, think about your grandmother. j/k
: Mantra is a pdf file found ...Linuxtroll Simple Scalping
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bobblong replied Aug 27, 2007you will need at least 2gb ram for timeframes less than 1 minute... the rest is less important
Trading Station Hardware
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bobblong replied Aug 27, 2007Linuxtroll any luck in today's session? EUR/JPY seems to be in a very tight range up n down, perhaps not a good day for scalping due to British bank holiday?
Linuxtroll Simple Scalping
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bobblong replied Aug 27, 2007If you understand probability, then you should know those are low probability "setups" Odds are heavily stacked against a long position yet you're telling me "Trading is about probability" without actually knowing what that means?
USDCAD trend reversal?
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bobblong replied Aug 27, 2007marketwavez: Those are long shots not set ups. If we pay attention to everything that is FACT about this pair we can see that it's simply not safe to trade: 1. USD has not reached its bottom 2. This is absolutely NO MOMENTUM going on. 3. Long term ...
USDCAD trend reversal?
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bobblong replied Aug 26, 2007Try it and see, eh. You're going to take someone else's word for it?
Change a losing system into a Winning system
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bobblong replied Aug 25, 2007It might weaken, it may gain strength and it may go sideways. In any case, I'm ready for any situation.
Will the dollar weaken next week?
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bobblong replied Aug 24, 2007Nice trade. That isnt 5sec is it? If not then what is it? Did you exit because of compression + bubble or resistence? or?
Linuxtroll Simple Scalping
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bobblong replied Aug 24, 2007Great work! I've been using the COT report for "projections" too. and you are reenforcing my bias on USD/CAD... price action supports this on the weekly and GMMA shows the long term MA's are DOWN meaning we are still in a downtrend. Keep up the good ...
Another way to trade PA profitably
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bobblong replied Aug 24, 2007Bob says down mark these words. P.S heres something a very wise trader once said: "I looked for diamond tops and bottoms but all I found was Zirconium" LOL
USDCAD trend reversal?
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bobblong replied Aug 23, 20071.02 is a long shot. Try looking for it to break 1.0445 to be sure it's going down. Look at the USD/CAD trend reversal thread last few pages..
Head & Shoulders on 4h USD/CAD