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Okay, here's the game plan... I'm going to sit on my butt and wait... waiting... waiting... Media says slide below $0.75CAD, I say bulls. I'm going to sit on my but and stalk this currency pair (USD/CAD) day in and out, and when it hits $0.79CAD I'll go long the USD with a stop at $0.80CAD...

OP you silly fool! This is how ppl become insanely rich! Those guys who start with $50K can go to hell. Look up Takashi Kotegawa, the man who turned $13K into $158M in 8 years. The Bible said of the Mustard Seed: "Though it is the smallest of all seeds, yet when it grows, it is the largest...

Ok, here's WTF I think is really happening, NUGT could rally back to $3 then drop much lower than today's low. Do I want a friggin measily 10% from these levels? Nope, I'm a swing trader not a scalper, so playing the waiting game continues...

On second thought, NUGT chart still looks like sh1t. I was hoping it'd form a nice bear flag upon DUST touching 35. But that's gotta be the sh1ttiest bear flag I will have ever seen! On the side line waiting for a real base to show up on NUGT!

Here it is, our AM DUST bullish wedge has morphed into an ascending triangle. Actually, there is a sort of 2nd wedge there too. The last push above 35. Take it or leave it, I'll soon enter NUGT for a 20% gain...

I almost bought NUGT yesterday. Intraday chart didn't impress me yesterday. Intraday chart still doesn't impress today. Looking for NUGT to build a nice base to I can time my entry. Could be tomorrow or in a few days... This is what I especially hate about the inverse ETFs. It's just not...

What's wrong with you ppl? Why such complicated looking diagrams? I trade with candlesticks and MA20 only, no other techs. Even then, I still find candlesticks rather complicated compared to its distant cousin the simple line chart.

DUST looks like it's on its last upleg. Intraday wedge could take it to 35+ (or it could be a fake). Regardless, not much longer b4 it heads South.

A little additional info. I created this thread to debunk the following statement: "No matter how smart you are and what you think you know, nobody can predict rates." That is 100% false... If you trade on the larger time scale. I can't predict the forex market two years out, but I am...

I am 100% positive the CAD has bottomed out! It won't go lower than ~0.75USD. Will retrace back to 0.79USD. (P.S.: There is no secret sauce, if you read the news on Google Finance when you type in CADUSD, they're essentially saying the same thing, but retracing back to 0.78USD rather than my...

I'm creating this thread to test my prediction skills specifically in the USD/CAD forex market. I'm quite confident in my abilities, so if you listen to my advice, you're likely to get filthy rich... Prediction #1: We're effectively seeing the CAD bottoming out at 0.75USD. From here the CAD...