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bobblong replied Jul 25, 2007Blimey, It seems it's gonna be a day's wait or so for that short signal
USDCAD trend reversal?
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bobblong replied Jul 25, 2007I had an initial miscalculation and had a first target of 1.3700 but that changed and I took first profit at 1.3710. My next target is 1.3670 where we have all kindsa confluence. After that I have the last part of the trade and I will let it go ...
EURUSD
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bobblong replied Jul 25, 2007It looks like it will be more like at the 1.0440 level
USDCAD trend reversal?
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bobblong replied Jul 25, 2007'Werd' Waiting on some price action now. p.s Dutch are you in on this Eur/Usd party? raked 20 pips so far. 1.3 1st target
USDCAD trend reversal?
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bobblong replied Jul 25, 2007Who's in on this party? Free bears for everybody! I hope it doesn't get slowed down by the 10:30 am news =/
EURUSD
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bobblong replied Jul 24, 2007I wonder if marketwavez is actually trading his gospel or operates a bucket shop or something ;p
USDCAD trend reversal?
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bobblong replied Jul 24, 2007Look at the news for CAD on the main page. The trend is endless until USD has some GREAT news and CAD has BAD some news like "That's it, we sucked up all the oil!" . Thats what it looks like anyway
USDCAD trend reversal?
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bobblong replied Jul 24, 2007LOL = Long Offered Late BTW = British Teeth aren't White IMO = Infrared Moving Objects
USDCAD trend reversal?
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bobblong replied Jul 24, 2007By the way guys, I want to share with everybody how I do my calculations and how much easier it makes life by having a spreadsheet like this. If you are lazy you can have it, please send me an e-mail and you can have it. There is a 1 Part version ...
USDCAD trend reversal?
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bobblong replied Jul 24, 2007There is no reason to ever believe that it's going up unless the charts are telling you that. Remember that Elliott Waves are purely theoretical and we have seen too few correct calls that use them on this forum as of late. We'll definitely have ...
USDCAD trend reversal?
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bobblong replied Jul 23, 2007HeHehHeh. Looks like USD/CAD is giving everybody a chance to add to their shorts if you missed 1.0470 ;p Watch price action carefully Looking at the current 4h chart I am expecting it to do something very similar to the last chart I posted. Clear ...
USDCAD trend reversal?
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bobblong replied Jul 22, 2007I would be fearful to go long now without a break of the May10 Trendline. Price Action on the 4h chart is showing a high likelyhood of a breakout either way but since we are so close to the top of the trend line my guess is DOWN. We Also have very ...
USDCAD trend reversal?
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bobblong replied Jul 20, 2007I'm never trading Fridays after a week of consolidation ever again
USD/JPY Discussion
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bobblong replied Jul 20, 2007Why!?!?!? — Could anybody help me understand why UJ dropped so violently now and what triggered this?!?!?!?
USD/JPY Discussion
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bobblong replied Jul 19, 2007I tend to disagree regarding 'new' information on the private forum... Updates are far between but I suppose all of the essential material is already there so adding to something which is pretty much complete may be difficult.
Price Action Document
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bobblong replied Jul 19, 2007dado: according to the books (Ref: Tech. Analysis of The Financial Markets) a triangle needs to have at least 2 peaks and 2 troughs, but 3 and 3 is more reliable. If this is achieved BEFORE the 3/4 point there is a much higher probability of a good ...
USD/JPY Discussion