Ivan's Trade Thread

Discussion in 'Forex' started by Ivanovich, Jul 30, 2008.

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  1. If you didn't take a profit when this pair recently went down for a limited time today; you might want to take in to consideration that there is no significant news for the NZD this week and it may retrace higher before continuing on its down trend. There is also an AB=CD pattern at 0.7177. This is simply a thought, and I wish you the best on your trade.

    Regards,

    Gartley
     
    #121     Aug 18, 2008
  2. That's why I said no stop. I expect it to drift about. But appreciate the commentary. Cheers.
     
    #122     Aug 18, 2008
  3. stopped out...ggrrrr....on to the next trade.
     
    #123     Aug 19, 2008
  4. eu/usd short@4785 Target@4650 stop@4815
     
    #124     Aug 19, 2008
  5. PaulRon

    PaulRon

    I think the Euro reversal started today
     
    #125     Aug 19, 2008
  6. Possibly PaulRon,

    I think at this stage it's more of a correction than a reversal given the size of the moves the bullish dollar made. From my charting, an official reversal would start at 1.5300 on the eur/usd. I see another test of 4600 more likely than the first correction target of 4900. But hey, i have been wrong before and have posts that prove just that...lol
     
    #126     Aug 20, 2008
  7. closed trade@4700 for 85 pips. Eur/usd is having trouble breaking through support currently. I will wait for a breakout or a bounce. hopefully this is not one of those times i pulled the trigger to quickly on a trade. time will tell.
     
    #127     Aug 20, 2008
  8. short eur/usd@4840 target@4675 stop@4885
     
    #128     Aug 21, 2008
  9. stopped out (in retrospect not a good trade. I didn't keep my eye on oil.) 1,380,984 lesson learned while trading....lol
     
    #129     Aug 21, 2008
  10. PaulRon

    PaulRon

    Interesting area with aussie dollar maybe in a bear flag... canadian dollar could be retesting triangle before more downside.

    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=2039416">
     
    #130     Aug 23, 2008
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