Monthly Thread: April 2004

[rezo_s]

got stopped on the Euro trade. May reenter later if it heads towards that line I mentioned yeaterday around 1.1880/90. Maybe even lower. Am also looking at possibility to sell GBPUSD.

GL !

 

[rezo_s]

I have a good signal to buy USDCAd at the current levels = 1.3558 with stop at 1.3490 and first target at 1.3750; next medium target is all the way to 1.40. Unfortunately I cannot trade this one, because I have 2 open positions for medium term, but if I didn have those, I would definately enter this trade. I am watching to short Eur and maybe GBP also with 30 pips target - this is something my rules allow me to do.

So this is a call here for the forums:

buy now at 1.3156;
stop at 1.3490 (66 pips)
1 tgt 1.3750 (192 pips)

 

[manz66]

Quote from rezo_s:

I have a good signal to buy USDCAd at the current levels = 1.3558 with stop at 1.3490 and first target at 1.3750; next medium target is all the way to 1.40. Unfortunately I cannot trade this one, because I have 2 open positions for medium term, but if I didn have those, I would definately enter this trade. I am watching to short Eur and maybe GBP also with 30 pips target - this is something my rules allow me to do.

So this is a call here for the forums:

buy now at 1.3156;
stop at 1.3490 (66 pips)
1 tgt 1.3750 (192 pips)

Anyone follow this guy going to be bankrupted. Well this trade is also hit stoploss, few minutes ago usd/cad was 1.3472.

My problem with his style is that, he tries to predict movement in currencies using t/a, then trying to catch falling knive.