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Zappa replied Mar 30, 2015Always such a battle for me to pick a fucking target. Even though I am "sure" that USDCAD will at least make it to 1.2060 should it break past the 1.2400 barrier, a 1:3 trade puts my target at 1.2189. What is wrong with a 1:3 winner!? Even if I ...
Zappa's Journal
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Zappa replied Mar 30, 2015This USDCAD move (chart 1) reminding me of a recent GBPNZD move (chart 2). I expect a similar ending.
Zappa's Journal
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Zappa replied Mar 30, 2015If 1.2400 breaks in USDCAD, it'll be good for more than a single, IMO.
Zappa's Journal
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Zappa replied Mar 30, 2015Yeah, I still think EURUSD is bullish. USDCAD just looks so clean and clear.
Zappa's Journal
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Zappa replied Mar 30, 2015Was stopped out of EURUSD for small loss. Maybe I had stop too tight, but doesn't matter now. I am short USDCAD with stop and target from chart above.
Zappa's Journal
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Zappa replied Mar 29, 2015Stop was missed by 1 pip. That's OK. The stop is at 1.0853 for a reason. As long as we hold from here it should be good.
Zappa's Journal
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Zappa replied Mar 29, 2015Yeah, I'm really contemplating exiting the EURUSD trade and instead shorting USDCAD. It looks even more obvious than the EURUSD trade. I don't know. I'll see how the first few hours after opening go.
Zappa's Journal
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Zappa replied Mar 29, 2015I'm liking USDCAD short. Here's another 1:4 trade from closing price.
Zappa's Journal
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Zappa replied Mar 29, 2015Yeah, if I don't set a max target, which I'm strongly considering. I don't know. I've thought about more this weekend and the bottom line is if you're right about a strong move, you will be kicking yourself for getting out too early. On the other ...
Zappa's Journal
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Zappa replied Mar 28, 2015Very hard to predict how far a move will go before a significant pullback (if not outright reversal). The closer a target, the more likelihood of target being reached. Its a fine line between being too greedy and being too cautious. There is always ...
Zappa's Journal
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Zappa replied Mar 27, 2015PA was nothing special today, that's true. But we turned at a good spot and I think if it really wanted to go down, we would have continued south today, but we didn't.
EURUSD
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Zappa replied Mar 27, 2015I don't see why it would need to come back to that price if we head to 1.1052 from here. It seems like previous selling at 1.1052 was just profit taking. I think the next stab at it will push through. This pair is so overextended that an awesome ...
EURUSD
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Zappa replied Mar 27, 2015Dollar looks like its about to get pounded across the board. 1.0853 should hold for EURUSD. There's no telling how far this thing could jump once 1.1052 gets taken out, but I'm thinking FAR! 1.2000 looks very possible. A 1:30 trade from current ...
EURUSD
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Zappa replied Mar 27, 2015Now that we had that test at 1.0799 I don't think we'll need to go back there. When 1.1056 breaks, we should be at 1.1300 rather quickly. Depending on how slow and thorough it is on the way there will determine the likelihood of a significant ...
Zappa's Journal
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Zappa replied Mar 27, 2015We got a big move ahead, I think. I ain't getting out anytime soon. Look at GBPUSD, USDCAD, USDJPY, etc. They all suggest a USD ass kicking about to happen.
Zappa's Journal
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Zappa replied Mar 27, 2015Something to consider, for sure., though I do think there is quite a bit more on the table at this point
Zappa's Journal
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Zappa replied Mar 27, 2015Thanks, ck. Would be nice to end month with another winner.
Zappa's Journal