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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 7, 2011 15:45
Its always dangerous to project only one count. Subs will agree with me on this.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 7, 2011 15:43
yeah chloe he good but daveo better on the audusd read tother day :-) He didnt spot what I spotted in his analysis. And he should have spotted that.
digi
toro, Canada
Posts: 1040
13 years ago
Apr 7, 2011 15:37
http://www.youtube.com/watch?v=VkzYRe71KsI&NR=1&feature=fvwp
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 7, 2011 15:30
edmatts has done a excellent video anyl on usdcad which i use:)..he really makes chart learning/reading very user friendly for newbies) gl/gt
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 7, 2011 15:28
ya im pikn @ cad with stops we could dip under 95level..now that 9600-50 has been broken .ok gl:)
digi
toro, Canada
Posts: 1040
13 years ago
Apr 7, 2011 15:28
euro will be short play i think, portugal is the next issue
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 7, 2011 15:27
as you know I dont trade the usdcad as patterns are horrible but symmetry sometimes works. 9830 ish you approach resistance area up to the 9930 HVN (high volume node) Above that 9930 consider longs only, well lets say above parity to be safer. I don't have any trend line support as data only goes back to 93. The 2007 low was at 9056 last datum point.

78.6% ret from that low to 3063 high in at 9914 so the outlook well below has to be bearish usd. Not much immediate help I'm afraid.
lucky
ibadan, Nigeria
Posts: 377
13 years ago
Apr 7, 2011 15:21
long usd cad at moment
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 7, 2011 15:18
Its well below that high volume node back from late 07 to July 08. You remember we drew a line in the sand below which consider shorts only 9930 ish from memory uasdcad.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 7, 2011 15:15
just lookin at yer cad. Long time since I last took a peek
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