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Yuchen replied Nov 2, 2011Yeah, thats right.. but i always try to trade when both 4H and 1H are in the same trend.. (it is hard to catch though, cause usually it will already move 200-300+ pips when the trend is clear and when i enter at that time, the trend are more likely ...
USD/CAD
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Yuchen replied Nov 2, 20111.3820 is the 38.2 fibonachi retracement for this week's high 4170 to low 3609 so it may have some resistence.. i dont think it will break if it re-test the second time but have high possibility to be broken if it re-test the 3rd time.
EURUSD
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Yuchen replied Nov 2, 2011yeah 1000 pips that's why i said for long term range.. i do not know if i should buy or sell this pair now so that's why i decide to stay aside.. in my opinion, 1H chart is downtrend but 4H chart is still uptrend with the potential to back bearish ...
USD/CAD
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Yuchen replied Nov 2, 2011My long term plan for this pair is range trade between 0.9670 to 1.0670 so i am just staying aside now.
USD/CAD
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Yuchen replied Nov 2, 2011I am still waiting for 3930 to see if there is any chances to short there.
EURUSD
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Yuchen replied Nov 1, 2011ya, it is possible.. and the biggest major resistence to determine the new range for USD/CAD is around 1.0670, i dont except it will break until the US election !!!
USD/CAD
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Yuchen replied Nov 1, 2011have a sell limit at 1.0480 with s/l at 1.0560, go to sleep now.. see you guys tmr.
AUD/USD
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Yuchen replied Nov 1, 2011ya, we are always learning our mistakes... by the way, how come you use OANDA broker but you dont have any funds in there? do you just use their broker because you like their chart??? or do you use photoshop to erase the information because you do ...
EURUSD
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Yuchen replied Nov 1, 2011not too bad... we are human being but as long as you make a s/l it is fine, you will earn back them.. i had a horrible experience when i just started to trade... i remembered i randomly made a trade and i was losing around 100 pips ( i didnt use s/l ...
EURUSD
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Yuchen replied Nov 1, 2011oh, actually, we are using the same broker and we have same chart.. but i think we have different opinion in our understanding for MACD.. in my opinion, regards on the USD/CAD 10 hours ago, the price was 1.0208 and after that, the MACD bar keep ...
EURUSD
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Yuchen replied Nov 1, 2011lol.. but 1H price and MACD looks a little bit divergent now.. haha, i will just be patient and i am still looking for the long-term set up at 0.9700 level to long USD/CAD, not sure if there is any chances to get that in the near future. by the way, ...
USD/CAD
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Yuchen replied Nov 1, 2011i use MACD (12, 26, 9).. i can see the MACD for EU 1h also goes higher and higher, however, EU did not create lower low after 1.3609
EURUSD
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Yuchen replied Nov 1, 2011I think USD/CAD has the potential to test 1.0264 today (the chance to break it is very small though), however, if it broken, then the next target should be at 1.0373-0388.
USD/CAD
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Yuchen replied Nov 1, 2011it looks like 1H USD/CAD price keeps going higher but MACD becomes lower and lower, i think that is a divergence.
EURUSD
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Yuchen replied Nov 1, 2011me too, i have buy limit at 1.2030 with s/l at 1.1980 and tp 300+ pips !
EUR/CHF