Any views on USD/CAD? Two daily candle indicate that trend might be changing. Also, PA broke the 4 Hrs trendline so I am leaning towards taking long. Anyone with different view?

Forex Made Millionaire Thread for Blog Swing Trades

AUD/CAD running into strong resistance. Time to short around 1.00?

AUDCAD

Sorry, I meant to say "if Oil rises 20 %, USO will also rise by about 20 %" you should not care about the price quote of USO. it has its own unique price in the market (so, do many other oil ETFs like OIL, UCO etc.) All I care is, when Oil price ...

About oil trading

you can buy USO same way as you buy any stocks. USO mimicks the movement of oil price. Check out the charts. If oil price rise by 20 dollars, USO price will also rise by 20 Dollars I purchased it at 8.80, I plan to keep it for 3 years Many brokers ...

About oil trading

why don't you buy Oil ETF instead? for eg. USO. They will charge 0.45%/Year, so if you hold for 3 years, total cost will be less than 1.5%

About oil trading

Hi EagleStar, if you don't mind, what is the indicator you use for SR Levels (the one with blue lines)?

The Price is Right: Trading Price Action

Gang, EUR/USD 4 hr chart - I am noticing The PA is bouncing off solid support at about 1.0830. I think if it fails to break this support then we are looking at another visit to 1.11. Opinions?

Forex Made Millionaire Thread for Blog Swing Trades

good stuff eaglestar, subscribed

The Price is Right: Trading Price Action

Heads Up, U/CAD is very closed to breaking 1.3430 resistance, if it breaks it strongly (with a big candle), I will be a buyer

Forex Made Millionaire Thread for Blog Swing Trades

My Bet on Positive breakout on U/J, because Nikkei will open positive as well I am long since 113, plan to trail it until 116

Forex Made Millionaire Thread for Blog Swing Trades

Agreed. Also there is bullish outside "green" bar. No problem long to about 116 at least. There is strong resistance around 116 which will give us shorting oppurtunity

Forex Made Millionaire Thread for Blog Swing Trades

Hi EagleStar, Based on the next support line you have drawn, do you expect price to retrace to support 1.0811?

The Price is Right: Trading Price Action

There is a small hint of your enemy in the chart - "M5"

Forex Made Millionaire Thread for Blog Swing Trades

Ok I see what you mean. I don't look at short term noise

Forex Made Millionaire Thread for Blog Swing Trades

Agree on CCI, However, US equities is slowly rising, IMO, will continue to rise in March, possibly making right shoulder at 2047 SO, this is likely to power U/J Higher

Forex Made Millionaire Thread for Blog Swing Trades

I went long U/J at 112.97, I think S &P going to be strong next few days which will keep U/J and G/J flying high

Forex Made Millionaire Thread for Blog Swing Trades

I meant "Daily Fozzy" Method

Tarwada Method (My Only Manual Trading Strategy)

this is a copy of old "Fozzy method". Don't waste your time. Repainting big time. Fozzy went bankrupt trading this setup

Tarwada Method (My Only Manual Trading Strategy)

U/CAD, I am still bullish short term as fundamentals which got us here have not changed. I think we are almost at the bottom of uptrend channel as seen in the daily chart below image

Forex Made Millionaire Thread for Blog Swing Trades

I think USDCAD will retrace to 1.39 because Saudi minister just poured cold water on oil today. oil likely to drop 27 and change within this week

Forex Made Millionaire Thread for Blog Swing Trades