message from jack

I like a sell EU at 1.3260..take profit at 1.3180
I like a buy on USD/CHF at 1.1400/40 tp 1.1500/1.1540

GBP/USD has already sold off...some but lets just take it from the top
Lets say sell it at 1.4335 and TP at 1.4250 and 1.4210

I like a buy on USD/CAD at 1.2500 TP at 1.2620

Ok heres a twister when you buy USD/CAD at 1.2500 you need to short CAD/JPY at market..this is a bonus so set a sell at market and a TP at 80 pips

and for all the signals....place ur stop for 30 pips....enjoy!!

king of cactus says...

I was( last)..to read... I was late posting this call..Buy USD/CAD at 1.2240 TP at 1.2390 also Im looking for a big yen sell off from over night highs Sell USD/JPY at 98.75 TP 97.60 /TP 296.21..also like a possible turn around on USD/CAD pivot point at 1.2391 so possible trend reversal and sell USD/CAD at 1.2391"

"Honestly the market is very fickle and neutral in its bias from day to day now. So at this point in time trying to ride any trend line out to far into the future is not very safe.So try and stay flexible and nimble in your bias ."

"King Of The Cactus"
but you can call me Jack
Jack Maverick
Secret Forex Agent 007
"I rob banks for a Living"

euro call!!

Limit Sell Order GBP/CHF at 1.6630 TP 1.6570/1.6430
SEll EUR/USD at 1.3595 TP 1.3505/1.3405
Limit Buy Order USD/CHF at 1.1220 TP 1.1280/1.1320

sl @ 50 pips

limit order EU short at 1.3755 tp .1.3650 half/ half 1.3520 sl 30 pips
limit order long usd/chf at 1.1169 tp 1.2169 sl 30 pips
buy USD/CAD at 1.2200/ 15 etc tp 1.2285 sl 1.2179

new york session signals

short EU at 1.3180..
long USD/CHF at 1.1600..
short GU at 1.4040
short USD/CAD at 1.2720 or lower at 1.2690
20 pips sl from entry
30 pips tp

euro session fx signal

GBP/USD long at 1.4088 tp 1.4230/90
EUR/USD long at 1.3000 tp 1.3180
USD/CAD short at 1.2720 tp 1.2467

30 pip stop loss

http://www.pagetutor.com/trillion/index.html

Cad spiked up and is selling off again, If the market sells off..CAD spikes up..If the market recovers and gets into a buying mode again today....CAD sells off,CAD shot up to 1.2880 and then sold off to 1.2800,selling off now ,same as yesterday..If USD/CAD can break support at 1.2765 we get a big leg down, But we need the markets help here, Best way to play this trade is to be flexible in your bias and sell or buy it as the market directs you..

In this volatile market Capital Preservation is Key.. So trade with a 20 /40 bias. Dont risk over 20 pips for a 40 pip gain and you only have to be right 33% of the time to be a winner in this market.

Good Morning FxTraders. It looks like we are finally rewarded for our patience and getting the USD/CAD sell off today. From this point we need to break on through 1.2765 to get our next leg down. We will also need for the market to help us out with this. If they weaken and go back into a sell cycle our trade will reverse on us so be nimble in your bias here and take profits when you have them. One thing I always look for is a pair that trades divergent or opposite of my focus pair. In the case of USD/CAD that pair is CAD/JPY. So if you have a sell or buy bias on USD/CAD you need the opposite for CAD/JPY. Pull up a chart on CAD/JPY and you will see that when USD/CAD started selling off it rallied off of 76.00 on up to 77.80. In the future I will give you the divergent pairs on every pair I trade. That way you can trade two or three pairs at a time and increase your profit. So until next time, best of luck on all your trades today. Jack Maverick

I read some other experts commentary and it sounds like they agree with what I posted last week...one guy is even calling it the trade of the week..its in a mood to sell but if the NY STock Market keeps going backwards everyday that gives it the support it needs to climb higher so keep it on your watch list Forex Traders USD/CAD will reward you with a fat short sale at some point in time inthe near future. Today we have the CAD Intrest Rate Statement out at 9:00 am Eastern/New York time. We will need to watch this for an indictaion of where USD/CAD is headed in the short term.My new target high for a good sell of is in the 1.3000/50 range. So keep this chart up on your work station and lets see how this plays out as we get further along into this weeks trading.

usd/cad - 27/02/2009