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  #2236 (permalink)  
Old 02-22-2008, 02:40 AM
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Talking
any fundamental trader or analysis can be given on canada?

tks. panda eyes
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  #2237 (permalink)  
Old 02-22-2008, 02:54 AM
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I follow the fudamental or perseption of fundamental efect either shot or long in this fourm John Kicklighter ,FXCM experts ,Kathy Lien and Boris boss, and technicialy seneior traders of this forum
Panda eyes you can read their perseptions and get help of your decisions with some technical and adivses and opinions of experiece trader. I follow this pattrens, for stay myself out of trouble.
Last edited by St_Fx; 02-22-2008 at 03:17 AM..
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  #2238 (permalink)  
Old 02-22-2008, 04:23 AM
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Quote:
Originally Posted by St_Fx View Post
Hi panda and lovely,
In support to lovey, my hourly technical studies are 1.9580/67/53 in view of market that develop in current cenerio, market should remain above 1.9505/13. if break of this point and test 1.9470 the idea of flat or range bound supported that may happen in 4th wave.
i think 1.9724/30 in up side potential target today
Honestly i'm nope trade today bcoz i got my target profit weekly yesterday USD12800) i must be dicipline myself. stop trading and reseach the market wat goin on.
For today i'm sure the price remain stuck below 1.9750.So becarefully all traders.But the next week trying to 1.9800 region.In H1 if u see have strongest the candle 'shooting star' so anytime the price can reversal 20-100 pnts..plsss becarefully
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  #2239 (permalink)  
Old 02-22-2008, 05:12 AM
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Quote:
Originally Posted by lovelyforex View Post
Honestly i'm nope trade today bcoz i got my target profit weekly yesterday USD12800) i must be dicipline myself. stop trading and reseach the market wat goin on.
For today i'm sure the price remain stuck below 1.9750.So becarefully all traders.But the next week trying to 1.9800 region.In H1 if u see have strongest the candle 'shooting star' so anytime the price can reversal 20-100 pnts..plsss becarefully
wow. that's v gd news. congradulate.
just difficult to watch the mkt so closely every hours if any 'shooting
star' & gbp reverse dwn 20-100pts. esp when i am not that expert
of reading candlestick yet.

anyway, hv gd wkend.

cheers. panda eyes
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  #2240 (permalink)  
Old 02-22-2008, 05:15 AM
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lovely i suppot your statment bcz market just finsh 3rd wave in my view so 4th wave down potencialy 1.9606,or 1.9580/60(the falling trend line bottom) .
the certain risk of price my shout up toward wave 3 extention targated 1.9850/80 area , it should be potencial sell point in my view , i said again in my view.
one thing i like to add, these two days price action may add 80/90 pips today (conditionaly break of recent high,and 1.9730 resistanc and after launch of canadin data)
Last edited by studentforex; 02-22-2008 at 05:37 AM..
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Old 02-22-2008, 08:50 AM
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Quote:
Originally Posted by studentforex View Post
lovely i suppot your statment bcz market just finsh 3rd wave in my view so 4th wave down potencialy 1.9606,or 1.9580/60(the falling trend line bottom) .
the certain risk of price my shout up toward wave 3 extention targated 1.9850/80 area , it should be potencial sell point in my view , i said again in my view.
one thing i like to add, these two days price action may add 80/90 pips today (conditionaly break of recent high,and 1.9730 resistanc and after launch of canadin data)
hoursly overbougth? candestick shooting star?
still not too familiar to analyse this yet..sigh

panda eyes
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Old 02-22-2008, 09:30 AM
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Cool
hmmm...really interesting.

i hv really seen this type of mkt movements many times b4.
can really just close yr eyes & buy.
this upmove wont stop till all short is squeezed out..sigh. watch out

i.e. the chance of bypass 19957 or even test 20000 again...

but really shdnt take this as trend change.
its a trick of this mkt.

panda eyes. happy wkend
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  #2243 (permalink)  
Old 02-22-2008, 10:39 AM
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nice catch panda, market in correction.its complete as i wrote above 1.9567 appox.1.9606/596 if more 1.9580 it ok, ask lovely for candile confm on monday . He has good prectice of candile formation.
candian retail date apper as event risk , most of traders expect its good but it comes worse.
1.9720/30 stil in veiw of market, objective shot , SL 1.9760 target 1.9620 for current pattern.
any one have differ view, share with us will be appricated.
Last edited by St_Fx; 02-23-2008 at 02:35 AM..
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  #2244 (permalink)  
Old 02-22-2008, 10:56 AM
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Good call bulls. You guys caught some pretty good follow through.

Closing above 9620 would break my falling trend and I may have to rethink this two position strategy.

Still haven't been stopped out yet. But, closing near today's highs will definitely encourage me to decrease my position size.

Euro position has offset some of the drawdowns I'm floating.
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  #2245 (permalink)  
Old 02-24-2008, 04:40 AM
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Quote:
Originally Posted by lovelyforex View Post
Honestly i'm nope trade today bcoz i got my target profit weekly yesterday USD12800) i must be dicipline myself. stop trading and reseach the market wat goin on.
For today i'm sure the price remain stuck below 1.9750.So becarefully all traders.But the next week trying to 1.9800 region.In H1 if u see have strongest the candle 'shooting star' so anytime the price can reversal 20-100 pnts..plsss becarefully
hi
but let the GBp/USd have some consolidation in the first tow days of the next week in the range of 1.9700 to 1.9600 then we can expect a buying is workableb, another consoderation is the US housing data is very importent.
stops bellow 9640. with nemit of th a1.9800

enjoy weekend
Pervaiz Ahmed
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Old 02-24-2008, 06:11 AM
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this week i expected the price going to 1.9700 then pullback to 1.9600/1.9550 for rectrace then bounce back to 1.9900 limited.However tomorrow i will post full recommendation after i see the opening market tomorrow morning.But myself assumed more to down...

this week
target up : 1.9750 limited
target down : below 1.9600 or 1.9400 limited

'Shooting Star candle still active'
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Old 02-24-2008, 06:18 AM
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Please see the candle closed on friday in H4 and the candle 15.02.2008 at time 04.00 in H4 how it works.(that means triangle)
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Old 02-24-2008, 07:04 PM
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hi all great traders..

I remain..the price only sustained at 1.9800..now the pound trapped.anytime will downward to 1.9580/1.9450..

strategy today :
maybe arround 15.30pm (singapore time) bearidh candle (sell)

then arround 20.50 pm (singapore time) bullish(bounce)(Long)
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  #2249 (permalink)  
Old 02-25-2008, 12:02 AM
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Good Morning
Hi traders,

I am short @ 196.20 (spot -1.9650) with 2 lots. Any suggestions please..

I feel, from Friday's candle, today we will see a slow, bearish move. Any comments on this lovely forex?

Nice Day
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  #2250 (permalink)  
Old 02-25-2008, 12:47 AM
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Quote:
Originally Posted by Nayantara View Post
Hi traders,

I am short @ 196.20 (spot -1.9650) with 2 lots. Any suggestions please..

I feel, from Friday's candle, today we will see a slow, bearish move. Any comments on this lovely forex?

Nice Day
i think just hold ur short position u will done below 1.9600 today
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