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- rahulkghosh replied May 8, 2016
If people think USDCAD will go up because of the fire... Then it will actually go down....
USD/CAD
- rahulkghosh replied May 7, 2016
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.
USD/CAD
- rahulkghosh replied May 7, 2016
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.
USD/CAD
- rahulkghosh replied May 6, 2016
Wow. USDCAD was sold heavily this week. Looks like it wants to break 1.20.
USD/CAD
- rahulkghosh replied May 6, 2016
This is a buying climax to end the counter-trend rally. USDCAD was sold heavily during the upbars.
USD/CAD
- rahulkghosh replied May 6, 2016
It's a live account too because FXCM SSI Snapshots only loads on live accounts.
EURUSD
- rahulkghosh replied May 6, 2016
Yes I'm long EU on my other account. My strategy has been long EU since 1.10... Retailers have been short since then.
EURUSD
- rahulkghosh replied May 6, 2016
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....
USD/CAD
- rahulkghosh replied May 6, 2016
Yes. I entered the trade aiming for 600+ pips. Totally happy with it.
USD/CAD
- rahulkghosh replied May 6, 2016
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.
USD/CAD
- rahulkghosh replied May 6, 2016
There hasn't been a selling climax yet. This is a counter-trend retracement. The trend will resume into new lows.
USD/CAD
- rahulkghosh replied May 6, 2016
lol. fxtyrant is going to blow up. USDCAD is going below 1.20. Look at all the selling in it this week.
EURUSD
- rahulkghosh replied May 6, 2016
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 ...
USD/CAD
- rahulkghosh replied May 6, 2016
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 ...
USD/CAD