Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: May 4, 2010 14:02
Comments: 347
View Hot-Chart
This thread was started in response to the Hot-Chart:

What's Next for Aussie?

 
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said
mulhouse, France
Posts: 2822
14 years ago
Dec 29, 2010 11:53
ashraf just woke
he is spreading jam on his bread
sub
UK
Posted Anonymously
14 years ago
Dec 29, 2010 11:38
ashraf,
aud right shoulder negated for sure now? china rake hike has certainly not seen aud sell off 2%, if anything, its risen 2%. do you still think we see 97?
appreciate your thoughts

sub
chloethebull
Canada
Posted Anonymously
14 years ago
Dec 28, 2010 19:09
@daveo, i agree an deff see that side of my trade..things deffin look like 2011 could be new lower lows an lower trading ranges as well, but i deffin think there will be a chance to get outta my trade @b/e or dare i say a small profit. lol and setiment seams to be saying higher with the markets an lower with the dollar so not looking good for my trade at the moment.but i deffin don;t like long gold/oil/s&p but if i did the stops would be tight, im actually thinkn on long oil position to offset my short position with a stop @89.75-90buk..ok gl:)
forextrader
vologda, Russia
Posts: 127
14 years ago
Dec 28, 2010 17:56
@Dave I was just about to minion this, just look at the Weekly chart Of USD/CAD it does look it is heading towards break out to wards 89 level. I think this pair is more of short than long.
Other good trades are short USD/CHF or short Euro/CAD all these trades are fundamentally and more importantly technically look very attractive.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 28, 2010 17:49
Chloe, if it ever breaks that 9900 level, watch out buddy, a return could take a very long time indeed. This recent action is testing the HVN (High volume node) from the Nov 07 to July 08 coiling. What I am suggesting is there will come a time when usdcad breaks out of its trading range, possibly never to return, youch.
chloethebull
Canada
Posted Anonymously
14 years ago
Dec 28, 2010 17:36
if you look @ most rallys/pullbacks they only last a short time 4-6weeks an i find its not the news every1 is waiting for that matters but rather the curve ball that comes when some1 opens there mouth give it time it will happen..also with acct/margin mgt 1 can easily ride out these movements its the best way ive survived this yr an made some nice $$..thats the 1st rule every new trade has to follow to a teeeee..any1 out there shorting oil??asad any1 lol..ok gl guys
Ignore
Naked partee, Jamaica
Posted Anonymously
14 years ago
Dec 28, 2010 17:35
yes, but wondering what is the trade size?
chloethebull
Canada
Posted Anonymously
14 years ago
Dec 28, 2010 17:24
@ignore..why u have to bring that up lol..still holding an yes its painful:(..will decide what to do with the trade in the new yr..im thinkn big boys will let things pull back going into the weekend so will wait an see..lots of money on the sidelines still an i do like my average not at the moment but its still nice if we get to 9500 level:).. my 1st rule is acct/margin manegment so i can weather a nasty storm if need be:( gl:)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 28, 2010 17:15
Chloe, I hate to say I am hoping the cad will strengthen contra to your position so it is supporting my CL and gold positions :-) I don't trade the usdcad, its too choppy for me, rather specialist !
Ignore
Naked partee, Jamaica
Posted Anonymously
14 years ago
Dec 28, 2010 17:13
Chloe..saw a post of yours about '8.5 blocks'..what size is this?
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