Comments on: Thread for Thursday/Friday traders

By: Triffany

Triffany — Thu, 25 Feb 2010 16:57:25 +0000

If I saw a nice long shadow off of the secondary low at 78.20 I might consider taking a tight trade on the retracement, but I think this could get as low as 77 after that retracement.

By: JerryN

JerryN — Thu, 25 Feb 2010 16:35:08 +0000

Question is not: what you did? hurray

The question is what is interesting from here? on the 4 hour.

By: Aby David

Aby David — Thu, 25 Feb 2010 16:11:37 +0000

Yes i took the USDCAD just as it was hitting around the TL from yesterdays picture, I did not want to risk a super bad risk/reward on this pair, cos in general i hate it, but it was an opportunity for a pro USD trade that i did not want to miss … temp PT is around 1.0950 (just below 1.1) i hope this thing bought plane tickets !!!
Sorry Jerry, I’m only looking at the 4HR charts, you must be looking at 5min or less for the pull back, but at the moment the USD is strengthening across the board including against the AUDJPY at the moment is hanging around support at 78.30, a break below that could see 77.50

By: JerryN

JerryN — Thu, 25 Feb 2010 15:52:48 +0000

anyone interested in audjpy long?

By: Triffany

Triffany — Thu, 25 Feb 2010 15:01:17 +0000

IF I had taken the G/J I’d have 135 as my next PT. 119.25 for the E/J. Though I see your profit target spots and I think they’re good. I just like to take profit along the way.

I did NOT take the U/CAD – arg! Did you?!

By: Aby David

Aby David — Thu, 25 Feb 2010 14:35:54 +0000

I took the GBPJPY and EURJPY PT 133.50 and 118.10 … sound good ? are you going for less ? … Pleaeaeaease tell me some of you took the USDCAD

By: Triffany

Triffany — Thu, 25 Feb 2010 13:11:24 +0000

I’m in.