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USD/CAD

Quoting usdoutlaw
{quote} Yeah well she is going to cause hyper inflation before she raises rates. Hello $50 Pepsi cans. I'm still short and i really hate it
the rebound might still come but it looks nasty.... what about oil??
Market is wild today man holy smokes. if I had my time back I would have closed and stayed out until tomorrow. HAH!
Normally the price just bobs around starting now until Tokyo but its still thrashing.
Quoting alayinizAMK
{quote} the rebound might still come but it looks nasty.... what about oil??
I dunno ... Oil seems to be trading against the usd

All I know is that two of my outside orders got lit up in the last hour ... I am officially super long the usdcad and I hate it

especially since they did that dirty stop run after 4pm
hope for the best and expect the worst.
Some valuble lessons today. It really is worth it to sit on the side lines when there is big news. I trade off higher time frames because I prefer a slow grind. Today was 100s of pips in minutes. I don't like it all.
you gotta be kidding ... look at that hourly hammer on the usdcad

i am so frustrated
hope for the best and expect the worst.
Quoting usdoutlaw
you gotta be kidding ... look at that hourly hammer on the usdcad i am so frustrated
Oh yes that is a beautiful candle :-)
Quoting Commander
Some valuble lessons today. It really is worth it to sit on the side lines when there is big news. I trade off higher time frames because I prefer a slow grind. Today was 100s of pips in minutes. I don't like it all.
cadyjpy touched the daily 50 EMA and came in with an hourly shooting star so I guess I feel better about the short
hope for the best and expect the worst.
Quoting usdoutlaw
{quote} cadyjpy touched the daily 50 EMA and came in with an hourly shooting star so I guess I feel better about the short
I hope it works out for you man. Snatch some of those pips on my behalf please!
Quoting Rid.
{quote} This chart shows that this line brake is imminent
The pair went down because of the news, not because it broke a trendline. If Yellen would have said something different today you see that drop turn into a rise.
If you are looking for a good entry for a long term trade now may be the time. It could drop further to 1.23 but I dont know, the oil situation is pretty bad. if it drops to 1.23 i will go all in but may buy a lot or two here. When we run out of places to store oil (few weeks) CAD will crater. if not before
I'm going to buy or otherwise sell below the line on daily and 1hr..........

http://i61.tinypic.com/6odgy9.jpg
or
http://i57.tinypic.com/zjb6th.jpg
If you have poor psychology you will struggle
Quoting julesocean
{quote} The pair went down because of the news, not because it broke a trendline. If Yellen would have said something different today you see that drop turn into a rise.
Thats no problem, just choosing to bet when and which side. My bet was to short acording trend line, not what Ms. Yellen will say or said.
Target achieved!! now out from the market! 60p!

http://i57.tinypic.com/1z1eoo6.jpg
If you have poor psychology you will struggle
Quoting julesocean
{quote} The pair went down because of the news, not because it broke a trendline. If Yellen would have said something different today you see that drop turn into a rise.
Well both of you are kind of right. The chart suggested resistance and over bought price action.

And porky pig face, speech slurring, my mouth cant contain my saliva, I got my economics degree from a cereal box Yellen was the impetus to make the market move.

Charts are just a visualization of expectations.
hope for the best and expect the worst.
Quoting RobertCorey
If you are looking for a good entry for a long term trade now may be the time. It could drop further to 1.23 but I dont know, the oil situation is pretty bad. if it drops to 1.23 i will go all in but may buy a lot or two here. When we run out of places to store oil (few weeks) CAD will crater. if not before
load em up boys ... yeeeee hhaaaaww

everything in between 2350 and 2450 will be cookies ... yum yum yum yum
hope for the best and expect the worst.
Quoting Commander
{quote} I hope it works out for you man. Snatch some of those pips on my behalf please!
pips snatched ... I am still short with an avg of 95.65

snatching these pips wasn't easy

but I am thinking so-so US numbers today so I can continue to add to the short and then the payday starts tomorrow on terrible friday CAD numbers!
hope for the best and expect the worst.
Quoting dr.rackala
Target achieved!! now out from the market! 60p! {image}
good job! are you holding half for the US numbers?
hope for the best and expect the worst.
knew this rebound would happen. But from here i have no idea whats next. Maybe time to go range with the favorite indicator espaecially if oil jumps a bit today.
This will very likely stay in range for a while but somehow test the red line sooner or later

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