10.4 A Complete System

[McNish]

Thanks for the comments Wiggy. I'm actually long GU, from the DBM system. But helpful info none the less.

[Gertje]

Taking the money from the inhabitants is wrong in my opinion, although I understand the move.

Cyprus's banking sceme is 5 times it's local economy, and is suspected to be 80% from Russian moneylaundrey setups.

Therefor a straigt EU-bailout isn't helping the EURO, but is saving the criminal money from Russian citicens. THAT, they can pay for in my opinion.

I do not even begin to claim one iota of understanding of what is happening.

What I do understand is that the government is raiding the savings accounts of all its citizens. From a personal point of view, I hope this will lead to riots in the streets and the fall of the government.

I suspect it will. I pray it does not lead to loss of life.

We have some pretty stupid governments here in the UK. Even so, I would not expect ours to try something so suicidal. Mind, it will do us here in the UK no harm if the Cypriot government falls as a result of this - pour encourager les autres, etc

Good luck all of you in Cyprus. In 20 years this will all be a bad dream. In the meantime, all we can do is hope for the best for you. And we do, I promise.

My usual smilie signoff does not seem appropriate here.

[cmeade2]

AudCad looks like it could be a long entry soon

[Gertje]

AudCad looks like it could be a long entry soon

I'm in, but the pair isn't really convincing yet.

[cmeade2]

The fact is that nothing is looking convincing right now.

AudCad looks like it could be a long entry soon

I'm in, but the pair isn't really convincing yet.

[nanningbob]

Let's see one sheep, two sheep, three sheep,.............. Oh yeah last Friday I didnt take any trades or any profits and then the Euro sesson closed and bingo .................... but today is Tuesday............ one sheep, two sheep, three sheeeeeppp............ zzzzzzzzzzzzzzzzzzzzzzzz

[cmeade2]

Not even 10.5 for you?

Let's see one sheep, two sheep, three sheep,.............. Oh yeah last Friday I didnt take any trades or any profits and then the Euro sesson closed and bingo .................... but today is Tuesday............ one sheep, two sheep, three sheeeeeppp............ zzzzzzzzzzzzzzzzzzzzzzzz

[nanningbob]

Not even 10.5 for you?

Let's see one sheep, two sheep, three sheep,.............. Oh yeah last Friday I didnt take any trades or any profits and then the Euro sesson closed and bingo .................... but today is Tuesday............ one sheep, two sheep, three sheeeeeppp............ zzzzzzzzzzzzzzzzzzzzzzzz

I did 3 levels of aud/cad on 10.5 and closed 2 of them out quickly, guess I am a chicken on a slow day but it was 42 pips so I cant complain kept one running and it is at +2 which would be my normal 10.4 trade. Good thing I grabbed the 42 because it retraced soon after that.

Ok got one trade in today. lets see ............. one sheep, two sheep, three sheep ...............

[cmeade2]

Bob

I don't want to disturb your counting, but I hope you can provide some 10.5 illumination. I have attached the AudCad chart which you recently traded. As you can see there is a double trough in the stoch, and if you got involved on the first one, you would have had a lot drawdown.

That said, where did you get in and why?

thanks

cmeade2

Not even 10.5 for you?

Let's see one sheep, two sheep, three sheep,.............. Oh yeah last Friday I didnt take any trades or any profits and then the Euro sesson closed and bingo .................... but today is Tuesday............ one sheep, two sheep, three sheeeeeppp............ zzzzzzzzzzzzzzzzzzzzzzzz

I did 3 levels of aud/cad on 10.5 and closed 2 of them out quickly, guess I am a chicken on a slow day but it was 42 pips so I cant complain kept one running and it is at +2 which would be my normal 10.4 trade. Good thing I grabbed the 42 because it retraced soon after that.

Ok got one trade in today. lets see ............. one sheep, two sheep, three sheep ...............

[nanningbob]

Sure, why not, aud cad below pivot, above 960 MA, sto5 at bottom, played cross of DP DMR1 and DR1, 10.4 signal earlier and waiting for it to go. Took 2 level profit and let the third one ride because of the break of the previous high.