Longer Terms positions

Quote from kalzayani:

USD/JPY Seem will play strange
116.3 Intraday Buy
Might head to 118 area then dive again
all week into 114 to 113.5
for longer term rallie Into Jan 2007 to 122
GL
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I did that here for USD/JPY
 
I was long USD/JPY last night. If you look at a 5 or 10 minute chart you might see there was a descending triangle forming. I closed out my position so I wouldn't have to worry about it overnight and got back in this morning. This will be a true test of my patience. Long at 117 even.
 
Quote from kalzayani:

I sent You an email with a link for my forecast
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The channel is for is the bounds with date given
I think uSD/JPY wants another drop from 118 to 114
so could be another two week before the rallie for Jan
I think U see that in the charts...right?
 
I could see that happening, but I don't think it will. It's had multiple chances to indicate it might be changing but has failed to do so. Like I said, I'm cautious around 116.70. But a drop to 113.75-114.50 is definitely something I'm considering.
 
EURCAD Might drop from 1.53 area for a few days
Hits 1.5050
Then up to 1.55 ---> then crahses into 1.36
MAjor stuff will happen mid dec IMO
 
Why the crash? I remember wanting to be long on this at 1.41 expecting a breakout but I kept getting whipped in and out until my account closed. Learned a lot from it. I digress..why the crash?
 
USD/CAD...is not in any way better then Longing USD/JPY these days
USD/CAD Needs another 10 big figures south before the rallie
sometimes in april 2007 IMO

USD/JPY might go agaisnt U 5 Big fig

so ... ;)
GL
 
Quote from redbull13:

Why the crash? I remember wanting to be long on this at 1.41 expecting a breakout but I kept getting whipped in and out until my account closed. Learned a lot from it. I digress..why the crash?
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Just a correction
from 1.55 to 1.36 ...
USDCAD is a sell from 1.16 area to 1.06
then the rallie...
to 1.38 (USDCAD)

I am sure everyone thinks USDCAD is Long for a Long time
...it is but not from here
heading to 1.06
so with eur/usd south next month
EURCAD is also south
 
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