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Old 08-25-05, 08:47 AM
idejan's Avatar idejan idejan is offline
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Re: Market Direction

Tnx onepip,
In my previous thread I've posed my view on CAD$, and also in my Journal.
My long term view stil remains very bullish on CAD.
However (and that was my mistake), it is most probably still in a laregr consolidation, and after bottoming around 1.17 as I've targeted previously, would most probably have another bounce up to arround 1.27, before a longer term downtrend down to below 1.0
I'm sorry that at this stage I'm not producing more charts, but at the moment I just could not find enough time for that. I hope that as soon as I catch some more time I'd produce more charts and a detailed analysis on few other currency pairs beside EUR and CAD (I'm not promising but will try to take a look on GBP, JPY and AUD).
What I hope here, is to find people who share same or similar complementary views, as we could hopefully, in time, build a team. Joint efforts could produce better results. Everyone can learn something from everybody.
Best to all,
ID

PS. My intraday comments are in my journal.

Last edited by idejan; 08-25-05 at 08:49 AM. Reason: PS
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