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[Belgrade Knez]

Bobby 2:45 pm

LIKE! 🙂

[Belgrade Bobby]

Knez, the whole picture suddenly changed – this is now looking very Bearish – if the day finishes like this…

[SF Monedge]

That means fair value entry at 72, still hedged, yes Bobby I play with the devil even having been an Altar boy lol

[SF Monedge]

Adding at 62, lets see

[GVI Forex 2]

USDCAD WEEKLY CHART

GOING TO THE WEEKLY CHART WITH NO KEY LEVELS LEFT ON OTHER TIME FRAMES AHEAD OF THE BOC DECISION.

MAJOR RESISTANCE IS NOT UTNIL 1.3898.

DEPENDENT ON 1,36+ TO KEEP RISK POINTED UP.

[SF Monedge]

Still alive on the long girls lol

[Belgrade Knez]

Bobby, I guess Feb low at 1.0725 should be tested…… however, previous 4h candle was too big and logical retrace would be back to 1.0848 …… but ….

[Belgrade Bobby]

EURUSD – 1.07350 – Last Line of Support….in my view of course 🙂

[GVI Forex 2]

EURUSD 4 HOUR CHART

1.0763 tested, holding so far… void below it until 1.0724

Market is into sell bias below 1.08

[SF Monedge]

For novices watching us currency traders go at it in spot, do not make the trade I just did in Euro, it is very high risk and like catching a knife.  As mentioned I am hedged elsewhere, without it that trade is a naked position in a very volatile environment, best to throw out every indicator you watch and just try to get a feel for the market.  Holding the long and lets see what happens, I won’t lose money either way but stand to gain big.

[SF Monedge]

Ok miscalculated by a hair, lets see what it does, I’m spread elsewhere so no big deal, if it holds we are gold, if not, hedged elsewhere and cut and run

[Belgrade Bobby]

EURUSD – Right now it looks unfixable for EUR Bulls…but just right now…we have to see how the day Closes tonight

[SF Monedge]

Green and locked in for the ride … Bobby, did not email you because I was occupied, will do so later, lets make money 🙂

[Belgrade Bobby]

Monedge, in my opinion , being good in Brasilian Jiujitsu comes more handy in forex 😀

[Belgrade Knez]

EU daily need to close below 1.0805 today to be short on my chart …. otherwise, stays long

 

[SF Monedge]

Bobby, watching the band Baby Metal and the song Karate helps while trading…the CTA has spoken lol (i really am a kung fu instructor)  I like Jay’s sports analogies

[Belgrade Knez]

it was obvious H&S on EU hourly, but I didn’t want to stay in short during the news time….. well can’t get them all

[SF Monedge]

Boy had to use all my Kung Fu skills on that one lol

[Belgrade Bobby]

Theoretiaclly all is possible – if for example ECB lurkes somewhere here, buying the EUR, we could see an Up tick of more then 100 pips…and that would negate this move down…however….

[Belgrade Bobby]

You just LOVE to play with the Devil Monedge 😀

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