Wednesday, February 8th, 2012

USDCAD Long, May 10, 2010

9

Remember:  The purpose of these trade alerts and watchlists is to keep discussion going about what’s going on in the marketplace.  It is not my intention to have you trade what I trade, simply to tell you which trades I take that we’ve talked about at the WLWs.

In order to make this the best learning opportunity for you, it’s important that you share your thoughts and ideas on the charts, fundamentals, psychology, or whatever you need.

I was madly trying to take the trades we talked about and still get my kids going.  So, aside from the E/U and the E/J I’m in the UCAD Long based on the bounce of former resistance now support as you can see here on the 1h chart:

PT 1.0490, SL 1.0180

Comments

9 Responses to “USDCAD Long, May 10, 2010”
  1. yaqui says:

    You’re a very good juggler.

    Anyways, this is cool – I’m also Long the Loonie… harmonically. And we even have similar PT/SL – my 1st PT 1.0444, SL 1.0183.
    Entered a tad later than I would’ve liked, but still great RRR @ ~1:2.5
    Will post a chart/update later – computer semi-frozen…

  2. Aby David says:

    I missed a million comments today for lack of ……. errrrm excuses … here goes I am short NZDUSD though my initial target might make your blood boil … its way down at 0.6600, I will review this as time goes on, but for now thats where its at … I am also short the EURJPY targeting 115.10 (for safety reasons, though my gutt tells me to let it rip) and i am also long USDCHF targeting 1.1450 … this is purely a counterintelligence move, as in, i thought about where i think this pair is going and did the opposite, its totally mad and i wouldn’t suggest it but I am really upset with my trading lately so i took this trade just to spite me ;-) wha’dya say to that eh ?

    • I just opened the E/J posting and updated what I’m in and thinking. So, if you’re interested you can look there. If you don’t give a hoot…that’s fine too.

      Still didn’t get an email from you, Aby. Do you want to do Thursday regular WLW time?

  3. Aby David says:

    PS do you guys know when a comment is posted up, or do you just check ?

    • Hmmm..I know because I get an email as an administrator. I just assumed that when someone commented they got the related comments’ notices. Maybe that’s not the case. Let me know and I’ll search for a plugin that can do that. That seems very important.

  4. Jerry Nissen says:

    For absolute surety….. you have to keep clicking or refreshing and logged into this to follow…. It would be very helpful to get some sort tip off if that could be arranged.

  5. Truc says:

    Nope, don’t need to keep clicking or refreshing or logged in even….
    There’s a very handy, albeit obscure “Comments” link on the Main Page – Top Right next to “News Feed”. I discovered it awhile ago with the site upgrade and it auto-updates any recent comments, so there ya go!! ;)

    Triffany, perhaps you could also make it more obvious with a plugin that displays recent comments in the sidebar. Maybe some fun weekly/monthly polls too…

  6. Truc says:

    My CAD long trade is now a lower probability trade with the retest of the prior lows yesterday. Stops tightened and see what happens.
    http://screencast.com/t/NjhjZWRjN

    Lots of consolidation now in most of the majors…

  7. Yeah, I’m not loving my u/cad right now. :( Everything else is looking great, though.

    I will see what I can do about getting something that will give you the option to get emails when followup comments are made.

    Thanks for letting me know!

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