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jack.canadia replied May 21, 2009When you wrote this, price was on its way to 5705 and when it got there, it eventually rallied well beyond there. So anyone that did take that signal, immediately lost and was never in profit. No bullshit signals around here without analysis. It's ...
Cable Update (GBPUSD)
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jack.canadia replied May 21, 2009Post ANALYSIS! You told people to short 5705 G/U and what happened lol
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009He told you to get short 5705. Don't ever trust anyones 'blind' signals in here. I hope he's short, he's shitting his pants right now.
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009Well if they needed more USD, they would be buying USD by selling their other currency reserves .. So shorting GBP/USD. Maybe they are marking up the prices against the USD on the majors, to then heavily buy back the USD? Who knows. I made the ...
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009The FX market has been extremely correlated to stock indices. The DOW double topped today. These bear market rallies can only last so long before they fade.
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009Who do you think makes the trend? The big money. We have no influence on it.
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009EUR/GBP is falling and EUR/USD and GBP/USD are both rising. The EUR/GBP should be used to compare the strength of the pound vs euro and vice versa, and if the dollar is weak, like this week, you match the strong and weak currencies together and away ...
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009Hourly shooting star on lower volume than previous bar into 5700/5720. Houlry chart looks like it could be forming a bearish MACD divergence. Looking to re-test above 4700, maybe to 4760 before taking a short.
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009Navin check out the daily charts for USD/CAD and AUD/USD .. Nice trades are setting up!
Cable Update (GBPUSD)
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jack.canadia replied May 20, 2009Morning/afternoon. Looks like she wants to match highs near 5700/5720.. this also holds the daily M5 pivot (5724 +/-) .. the move today started near the daily M3 pivot, and based on the pivots theory an M3 to M5 move is in the cards.
Cable Update (GBPUSD)
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jack.canadia replied May 19, 2009Update The 5500 short was stopped BE and re-opened at 5495. Target remains 5365.
Jack.Canadia's Challenge
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jack.canadia replied May 19, 2009That the 1.5500 level is pretty important? Buy dips and sell rallies is what you should always do.
Cable Update (GBPUSD)
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jack.canadia replied May 19, 2009Trade #1 — Given this... 1.5500 physhological level and prior resistance/support 1.5502 daily R2 pivot 1.5488 weekly R2 pivot 1.5508 monthly R2 pivot Hourly doji M15 MACD bearish divergence I am short 1.5500. Orginal stop -20 (will be BE when ...
Jack.Canadia's Challenge
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jack.canadia replied May 19, 2009Just some more information... 1.5500 physhological level and prior resistance/support 1.5502 daily R2 pivot 1.5488 weekly R2 pivot 1.5508 monthly R2 pivot
Cable Update (GBPUSD)
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Jack.Canadia's Challenge
Started May 19, 2009|Trading Journals|4 replies
A friend challenged me to turn $30.00 of his money into $1000.00 instead of him having to fund ...
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jack.canadia replied May 18, 2009Ya I know. Im not far enough in the green to lock in any without risking a pre-mature stop out. BE is fine for now.
Cable Update (GBPUSD)
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jack.canadia replied May 18, 2009My stop is break even now and my target it 5100.
Cable Update (GBPUSD)