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- Hookem28 replied Aug 22, 2012
Are you guys sure this has bottomed? The trend suggests otherwise.
- Hookem28 replied Aug 21, 2012
That wasn't a valid TL until it retraced and bounced there. Takes three touches to form a TL. Now it's legit, but it wasn't at the time. Either way, I was wrong, and I'll take my small loss. Thankfully, I made 80 on the way up.
- Hookem28 replied Aug 21, 2012
I know, right? I must be crazy. Will close if it breaks above TL.
- Hookem28 replied Aug 21, 2012
Looks like this pair has finally topped. Closed my longs and entered short 1.0498. Targeting the 1.04 region.
- Hookem28 replied Jun 28, 2012
We've erased over 60% of 2.5 days of gains in 7 hours. Let's clear the .618 and then drop straight through parity. Without strong news out of Europe, Aussie could be under .99 by the end of the week.
- Hookem28 replied Jun 25, 2012
There are easier ways to make money. I would wait for a pullback to the trendline to enter a short, rather than going countertrend.
- Hookem28 replied Jun 22, 2012
Looks like it's still intact to me.
- Hookem28 replied Jun 18, 2012
Long USDCAD 1.0260 Retested top of descending triangle after a breakout. Going to hold on to this for awhile as long as it closes above the triangle. Resistance at 1.0318 (50 Fib and previous top) and 1.0348 (.618 fib and previous top).
- Hookem28 replied Jun 13, 2012
Good luck with your trade. Just entered short at .9966 because its at a supply level and the bearish engulfing on the 1H chart. Just looking for ~ 30 pips on this one.
- Hookem28 replied Jun 4, 2012
AUDCAD Chart — Market fear is taking over as people look to gold as a safe haven (Aussie rise), and the demand for oil decreases (Loonie falls). Couple that with the negative news in the US (strong Canada ties) and probable stimulus measures ...
- Hookem28 replied Jun 4, 2012
Breakout Trade — Nice little breakout trade.
- Hookem28 replied May 31, 2012
AUDCAD — Here we are again....
- Hookem28 replied May 31, 2012
Short — Short .9734 Found resistance at trendline. Would prefer it to have entered the .9783-.9807 zone, but the trend is too strong. If the 1H candle closes above the TL, I'll close and wait for a better entry. Targeting around 50 pips (above ...
- Hookem28 replied May 30, 2012
AUDCAD Chart — How many times will it bounce off this trendline?
- Hookem28 replied May 30, 2012
Correlation — Strong correlation of all USD crosses. Be careful not to overleverage because your trades will most likely move in tandem.
- Hookem28 replied May 25, 2012
Shocking — AUDCAD update
- Hookem28 replied May 25, 2012
EURCAD Chart — Watching this pair closely to determine future moves. Until it closes above the support line, I will only short AUDUSD and only short USDCAD. If it closes above, I will flip my biases (although I'm going to need to see ...
- Hookem28 replied May 25, 2012
Sell EURUSD — Price rejected the supply zone. Used 15M candle close for entry. This was a textbook trade. SL at 1.2618. TP in demand zone at 1.2531.
- Hookem28 replied May 24, 2012
Update on AUDCAD
- Hookem28 replied May 24, 2012
Short AUDUSD .9780. Aussie got a nice boost by a jump in gold prices, and not horrible news out of China. Right now there is three lower highs on the 5M chart. Also, the AUDCAD is at a key resistance point (see chart). I don't trade this pair, but I ...