- Search Energy EXCH
-
Zappa replied Aug 9, 2012We're at a spot right now (.9910) that very well might be the bottom. I've got the other numbers in post above that are possible, but these are all pretty close to each other. In a situation like this, where I've got a 2+ turning spots in a close ...
USD/CAD
-
Zappa replied Aug 9, 2012Taking a closer look, 0.9904 and 0.9894 look like likely turning points. I think I can rule out 0.9860 being nicked, but 0.9830 should definitely not be messed with.
USD/CAD
-
Zappa replied Aug 8, 2012I'm thinking .9890 will probably be touched soon and .9860 might get nicked too. However, good old 0.9830 should be left alone.
USD/CAD
-
Zappa replied Aug 8, 2012The key is to have confidence that it will go to a better price. It may or it may not, but if it starts going away from a better price and you jump back in at a worse price then you have defeated the whole purpose of getting out in the first place. ...
USD/CAD
-
Zappa replied Aug 8, 2012I look at it like this. If you think it's going to go against you for a little bit before eventually turning, might as well try to get a better price. You don't need to reverse the position because the r/r isn't the same. If price happens to turn ...
USD/CAD
-
Zappa replied Aug 8, 2012Honestly, the fact that price was just glued to this line for so long gave me doubts about going long. Obviously not enough doubt, but I try not to put a ton of weight into drawn lines. Plus, there was the trendline from the lows on 07/26/11 and ...
USD/CAD
-
Zappa replied Aug 7, 2012Hi guys. I got this pair going down, but not until it heads a little higher into shaded area. Shouldn't break the red line. Downside is BIG. 2,000 pips big. That's what I think anyway.
NZD/USD
-
Zappa replied Aug 7, 2012If this does turn out to be the bottom the target is 1.1225 which equals a 1:50 r/r. After I add some size later the total win could approach 100 oor even 200 times what was initially risked. Of course, adding size also equals adding risk, but by ...
USD/CAD
-
Zappa replied Aug 7, 2012Calling the bottom right here @ 0.9973. Again.
.9950 should not be touched. (She's weird like that.)USD/CAD
-
Zappa replied Aug 6, 2012This pair looking like the main pair to be in. Still bullish USDCAD, but this one looks like it might make the big moves first. USDCAD might make its big move after USDJPY. Gathered this thought by looking at CADJPY, but it is too early to say for ...
USD/JPY Discussion
-
Zappa replied Aug 6, 2012Getting out of this for a small profit at 78.19. USSDJPY and USDCAD both look strong. Going long on both pairs.
CAD/JPY
-
Zappa replied Aug 3, 2012Giving this another shot at 78.53 for a ride down to 70.72 hopefully.
CAD/JPY
-
Zappa replied Aug 2, 2012On a different note. I'm still seeing strength ahead with USDCAD, but now I sense weakness to come with USDJPY. Looking at the CADJPY also looks like a great short. So I'm bailing out of USDCAD for now and headed over to CADJPY for a short. Should ...
USD/CAD
-
Zappa replied Aug 2, 2012As for this... And would you have been surprised if it dropped another 80 pips? Nothing suprises me much anymore concerning the markets. You just gotta try to minimize your risk when entering, and maximize your gain when you're right. Start small, ...
USD/CAD
-
Zappa replied Aug 2, 2012I respect your work and like I said, if you know how to use this to your advantage then more power to you. With that said, how do you know which line it will reverse off of and how far it will go? You've said you are in this pair long-term with a ...
USD/CAD
-
Zappa replied Aug 2, 2012Well, I'm no expert on Astro stuff, but I had a guy who was, by all accounts a man who had definitely done his homework when it came to Gann and astrology, teach me for a while. What I noticed was that there were tons of time lines, and yeah, some ...
USD/CAD
-
Zappa replied Aug 2, 2012Hahaha...true, although zig zags, EW, triangles, all that stuff is just a bunch of crap to me. I used to be so fascinated with drawing lines, pitchforks, etc. and I'd be amazed at how accurate they were until I tried for quite some time to actually ...
USD/CAD
-
Zappa replied Aug 2, 2012If you look at it from a weekly chart and a daily chart you can see a massive build-up of longs. It's been it a fairly tight range for some time now. The rise from Nov. 2011 was explosive and I can see a similar rise taking place from here. I don't ...
USD/CAD