Best Fx Signals (By ForexTrades)
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Best Fx Signals Discussion
Member Since May 01, 2011
80 posts
Jul 21, 2011 at 10:09
BWC1 posted:
Use stealth mode on your stops. They'll be bankrupt by tonight
not available in AAAFX mt4
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Member Since May 01, 2011
80 posts
Jul 21, 2011 at 11:04
BWC1 posted:
Will the EUR get past this point?
bounced from its daily support. It should go down if thay have really agreed for selective default. Hope it was not just a tester of reaction from market by them.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 10:27
BWC1 posted:
I've been watching the EURUSD, wondering where or not you will get involved. What made you decide to buy at that exact moment?
I am constantly monitoring. Although the last 4hr bar had a hammer that was not favorable to buy but as soon there were some comments from Merkel, I took position but only to target few pips.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 10:46
BWC1 posted:
Thanks for that. What about the USDCAD? Do you expect it to bounce back? Will resistance outweigh the week US dollar?
unceratin about it. it touched multi year low normally have to bounce back but still cant comment due to usd pressure.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 11:07
News from canada is favorable for our position but 0.95 is stiff resistance.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 11:11
BWC1 posted:
USDCAD is making its move - lots of interesting stuff going on today
Need a clear break of 0.95 else it will be down again.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 11:20
BWC1 posted:
USDCAD is making its move - lots of interesting stuff going on today
It broke 0.95 and touched only 0.9505 but pulled back. we need a bar to close above 0.95 to confirm.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 11:38
BWC1 posted:
.95 isn't looking good.
its having another attempt.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 12:33
Cool77 posted:
Sir, Can you give please me an idea why you have a new sell trade for USD/CAD. I really want to know the logic behind it.
i want someone else to reply. Lets see if u guys are getting something what i try to explain here or not? Else I will let u kno.
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Member Since May 01, 2011
80 posts
Jul 22, 2011 at 13:27
ForexTrades posted:
Cool77 posted:
Sir, Can you give please me an idea why you have a new sell trade for USD/CAD. I really want to know the logic behind it.
i want someone else to reply. Lets see if u guys are getting something what i try to explain here or not? Else I will let u kno.
no reply from anyone???
ok i ll tell u. We ve usdcad in minus and its finding difficult to break 0.95 keylevel. i hedged the position with just 15 pips SL above 0.95. incase it breaks then we ll ve limited loss and if its unable to break then we will book some profits from sell trade to cover our buy trade loss.
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Jul 22, 2011 at 13:28
ForexTrades posted:
Cool77 posted:
Sir, Can you give please me an idea why you have a new sell trade for USD/CAD. I really want to know the logic behind it.
i want someone else to reply. Lets see if u guys are getting something what i try to explain here or not? Else I will let u kno.
OK, I'll take a shot. Let me know how I go.
The USDCAD hit pretty much a historical low and bestfxsignals expected a major bounce. We got some action, though it got caught at the .95 psychology level and, after several test, failed to break through. Considering the uncertainty of the US debt situation etc, he decided to take a hedge position. I imagine if USDCAD breaks .95, he will release the sell and expect an upward serge. If it doesn't break .95, it will probably head back down again and he will dump the long position.
Member Since May 01, 2011
80 posts
Jul 22, 2011 at 13:31
BWC1 posted:
ForexTrades posted:
Cool77 posted:
Sir, Can you give please me an idea why you have a new sell trade for USD/CAD. I really want to know the logic behind it.
i want someone else to reply. Lets see if u guys are getting something what i try to explain here or not? Else I will let u kno.
OK, I'll take a shot. Let me know how I go.
The USDCAD hit pretty much a historical low and bestfxsignals expected a major bounce. We got some action, though it got caught at the .95 psychology level and, after several test, failed to break through. Considering the uncertainty of the US debt situation etc, he decided to take a hedge position. I imagine if USDCAD breaks .95, he will release the sell and expect an upward serge. If it doesn't break .95, it will probably head back down again and he will dump the long position.
Very true.....
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