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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 14:28
In reply to Ashraf Laidi's post
I exited shorts usdcad at 1.0200 and currently flat. I can see 1.0120/0100 if downside resumes.
Ashraf Laidi
London, UK
Posts: 0
11 years ago
Sep 20, 2013 12:02
USDCAD doing what we mentioned in yestrdys Premium in explaining reason for going long AUDCAD -- explanation was AUDUSD techs looking moe positive than USDCAD. Recent USDCAD rally is temporary.

Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 16, 2013 11:35
In Lucia dey say if girl baby born with big bum den no brain.

dem good bummers no prob an nice music n dance
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 13, 2013 11:49
In reply to DaveO's post
ultimate target 1.0887
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 13, 2013 11:40
looking for ABC symmetry at 1.0200 coinciding with 200 DMA before move back up above the 1.0608 high.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Aug 20, 2013 18:12
AJ almost identical pattern on 1hr with the ret hitting 127.2% sym ext on the nail clustered with 61.8% ret. Upside targets on daily 38.2%=93.66 confluence with 200DMA rising, 50%=95.90, 100DMA=95.10 and falling. Pattern suggests the lower level will play at c.93.66 or below (current 88.42)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Aug 20, 2013 17:33
In reply to Qingyu's post
The ret fell shy of symmetry but achieved 50% level rather too quickly. Looking at daily chart if the B wave ret is finished we are now looking for upside to 38.2%=9515, 50%=9722, 61.8%=9928. Its unlikely to reach the upper end of that band judging on pattern thus far. The 100DMA comes in at c.9615 and falling.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Aug 20, 2013 10:32
In reply to Qingyu's post
Good job Q-the-dog-eater. Probably only wave A leg.
Qingyu
manchester, UK
Posts: 1763
11 years ago
Aug 20, 2013 8:12
In reply to DaveO's post
tp 9044 morning, sold last night. ;)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Aug 20, 2013 1:45
AUDUSD lookin like completed first leg up to the 9232 high whereat we have the 55 DMA but more importantly 5 waves on 1 hr chart. Now expecting a ret to c. 9040 to 8994 (current 9114). Will likely be a 3 wave zigzag ABC.