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It was all on USDCAD this move... Somebody knows something I don't up there in Canada.Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
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It was all on USDCAD this move... Somebody knows something I don't up there in Canada.Ignored
DislikedI saw it this morning after BWR mention it ,I don't really like to trade USDCAD but E/C was shouting SHORT so took a small one and now 200 pips in the green.Ignored
DislikedDollar falls as China reveals record stockpiles
By Peter Garnham
Published: July 15 2009 11:34 | Last updated: July 15 2009 11:34
The dollar fell to its lowest level in two weeks on Wednesday as China revealed it had amassed record cash stockpiles, while improving investor confidence stemmed haven demand for the US currency.
Analysts said positive earnings surprises from [url="http://www.ft.com/cms/s/0/3c08cc72-70c7-11de-9717-00144feabdc0.html"]Goldman...Ignored
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Furthermore, news that China’s foreign exchange reserves, the world’s largest, had grown by a record $178.3bn to $2,130bn in the second quarter also weighed on the dollar.
http://www.ft.com/cms/s/0/c480f2f4-7...44feabdc0.htmlIgnored
DislikedIt was a great call. Fortunately my money management allowed me to close my long positions with a relatively small loss. However, I was not able to take the short as I was in shock that my longs did not take off. Not only that, but I did not properly understand your technical analysis as you did not post a chart. Anyway, you won't be getting a commission from me. Just a bit of praise.
If this is a pair you don't normally trade I can only imagine how much you skim off your familiar pairs.Ignored