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LinkBack (42) | Thread Tools | Display Modes |
08-19-2007, 09:53 AM
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Some Good Advise
Hi,
I got this from another thread, I think it is very good: "The markets wont come to a halt, so there are no lost opportunities. There are an abundance of opportunities. If you’re not trading you’re observing, if you’re observing you’re training your mind and improving your intuition." "There are no predictions, just probabilities. Simply ride what you see, change when you need to change. Prediction is the ego speaking, its tied up with pride and inflexibility. " "There is no success or failure, but simply managing the balance of +ve/ -ve trades to reach trading goal. " "Boring is good. Boring old desk job that allows you to switch off the computer and lead an exciting life. Its about life, not about forex. Forex is the just the means, if you’re excited about it or gloating about your trades you’re no better then an addicted gambler. " Enjoy your week      
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08-20-2007, 07:33 AM
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CAD today
Hi
Last week movement had made the CAD to form an inverted hammer on the weekly chart. Based on the daily chart the price movement had hit the fib 61.8%. I wonder it will go further up this week.  The Canadian data releases will have an impact on interest rate expectations with retail sales and inflation data due on Tuesday. Watch closely. Last edited by yyc196; 08-20-2007 at 07:38 AM.
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08-20-2007, 07:44 AM
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Aud
Hi,
The AUD had a an interesting stop around 0.7671, this value is closely inline with the hammer that form some weeks ago. See the weekly chart. This looks like the market is going to retrace, if the price cross the friday high then it would be interesting. Currenlty, the price is moving above the pivots point. Take note. Regards
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08-21-2007, 04:39 AM
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Cad
Hi,
I see a flag pattern on the daily chart, if it continue to fall today I will look for a short. If it retrace then I will long and takes the upper line as my resistance. Watch out for today data release. Regards Last edited by yyc196; 08-21-2007 at 04:43 AM.
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08-21-2007, 05:02 AM
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hi
Quote:
 =================== Forex Indicators Collection
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08-21-2007, 06:15 AM
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Eur
Hi,
Eur continue to move in a narrower range since yesterday. If there is no clear indication from the RSI and ADX and if the price cannot breakthrough either side of the range as indicated, I will stay away from the EUR.
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