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drpips1 Nov 10, 2016 11:27pm | Post# 10841

The price drop took out my SL of longs. Looking out to short this thing.

dianajs Nov 11, 2016 6:35am | Post# 10842

USD/CAD is testing the resistance at the previous high at 1.3524. I think that if it breaks out above that level it will reach 1.3600 - 1.3700 at least.

nessus94 Nov 11, 2016 6:43am | Post# 10843

Looking to short the hell out of this thing

1.354x/5x big resistance

randalll Nov 11, 2016 3:34pm | Post# 10844

USDCAD just hit a 8 month high of 1.3548. It was a bumpy ride up to here.

Now What? It feels like a big short coming on.... or maybe not. Just going to sit on my hands and watch the price action and decide monday.

It's after lunch here, time for a scotch and to review my week. The scotch is needed, it was a rough week.

Iglootrader Nov 12, 2016 9:18am | Post# 10845

USDCAD just hit a 8 month high of 1.3548. It was a bumpy ride up to here. Now What? It feels like a big short coming on.... or maybe not. Just going to sit on my hands and watch the price action and decide monday. It's after lunch here, time for a scotch and to review my week. The scotch is needed, it was a rough week.
Yeah hard to say really.. we have had a pretty consistent climb up to this point though. It's been bumpy but the daily/weekly monthly chart shows that. I think unless something big happens this pair will continue going up. Not with out it's sell offs though

MasterJedi Nov 13, 2016 12:45pm | Post# 10846

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Any wave analysts? What I see with my very limited experience is a possible wave 5 in progress on the weekly. Plus oil price has been dropping.

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Erebus Nov 13, 2016 2:41pm | Post# 10847

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Looking to short the hell out of this thing 1.354x/5x big resistance
Just saving your post for posterity

Pun intended

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Dano12 Nov 14, 2016 10:19am | Post# 10848

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dianajs Nov 14, 2016 11:03am | Post# 10849

The pair broke above 1.3524 and it is still very bullish. Next target is 1.3600, so for the moment I have a long position.

allex82 Nov 14, 2016 11:11am | Post# 10850

I was tempted to short with sl at 1.36

Dano12 Nov 14, 2016 11:41am | Post# 10851

look oil = USD CAD

nessus94 Nov 14, 2016 11:59am | Post# 10852

{quote} Just saving your post for posterity Pun intended {image}
I'm getting ready

Dano12 Nov 15, 2016 2:32am | Post# 10853

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yuddy Nov 15, 2016 4:17am | Post# 10854

look oil = USD CAD
Explain that pls. How does oil prices affect UC?

etoile999 Nov 15, 2016 4:30am | Post# 10855

Hi yuddy
If the oil goes up, usd/cad goes down.
CAD is a currency commodity

yuddy Nov 15, 2016 4:35am | Post# 10856

Hi yuddy If the oil goes up, usd/cad goes down. CAD is a currency commodity
Oh tenks for the explaination. Is oil price falling?

Dano12 Nov 15, 2016 6:53am | Post# 10857

{quote} Explain that pls. How does oil prices affect UC?

OIL UP - USD CAD down

wrightm403 Nov 16, 2016 4:06am | Post# 10858

{quote} OIL UP - USD CAD down
What do you think of AUD/CAD as of now? im predicting a nice run upwards over the coming days

dianajs Nov 16, 2016 11:29am | Post# 10859

I have a short on USD/CAD and I will open another one if it breaks below 1.3400.

dianajs Nov 17, 2016 10:52am | Post# 10860

The pair is still consolidating above 1.3400. Hopefully the release of the Core CPI tomorrow will push it past that level.


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