If people think USDCAD will go up because of the fire... Then it will actually go down....

HAARP

Hidden

no clue about the wildfires. but I should note oil will go up because retail money is short it. All I know is that smart money sold heavily into the USDCAD rise last week. The whole purpose of the move is to sucker people into longs before a crash.

It's a trap move.

With all the selling last week I wouldn't be surprised if they use a wide gap down to lock out people from shorting. Weekend gap will be interesting for sure.

Wow. USDCAD was sold heavily this week. Looks like it wants to break 1.20.

This is a buying climax to end the counter-trend rally. USDCAD was sold heavily during the upbars.

I know. I only use them to get the SSI data live.

It's a live account too because FXCM SSI Snapshots only loads on live accounts.

Yes I'm long EU on my other account. My strategy has been long EU since 1.10... Retailers have been short since then.

it doesn't go like that. If USDCAD rockets on the news at 1:30 PM GMT. It is actually being sold heavily. This is a counter-trend rally. The higher we go up here, the lower USDCAD will end up in the future....

it hasn't bottomed off. This is a counter-trend rally.

Yes. I entered the trade aiming for 600+ pips. Totally happy with it.

Honestly. I'm hoping the NFP data is good(above expectations). That should cause some more selling in USDCAD. I'm going to be holding the trade for a month.

My goal is $50T within 50 years.

There hasn't been a selling climax yet. This is a counter-trend retracement. The trend will resume into new lows.

lol. fxtyrant is going to blow up. USDCAD is going below 1.20. Look at all the selling in it this week.

I'll be studying the sentiments closely. Right now Oanda and FXCM are net long USDCAD. Dukascopy and FXCM are net short oil. So 4 things in my favor. Not to mention everyone advising me that USDCAD is bullish. So 5 things in my favor. I'm pretty ...

Yea. Actually 18 lots. Don't know why it is showing 23 lots. But anyways, I reduced the leverage lock on the account to 15:1 just to be safer. I am still confident we get to 1.20 wuthin about a month and will hold the trade for the that period ...