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USD/CAD

Quoting Lamira
started loading longs
Longs loaded already
Well well will let me be surprised what kind of news they have in the arm sleave to raise the price from this level...
BUT this multi year low, too much not to be tempted, take a shedload first hohoho
Quoting ntk
Well well will let me be surprised what kind of news they have in the arm sleave to raise the price from this level... BUT this multi year low, too much not to be tempted, take a shedload first hohoho
Non Farm payrolls SHOULD be USD positive. Expecting over 600K in March. Biggest number since last OCT.
USD/CAD broke 1st resistance @ 1.2606 to 2nd resistance @ 1.2650 on daily calculation
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usdcad.
based on my analysis I think it will rise, I'm just waiting for 1-2 h4 more candles to close.
i don't want to open a long position too early.
1.2400 by end of the week?
💪💪
  • Post #15,947
  • Quote
  • Edited Apr 15, 2021 11:34am Apr 14, 2021 10:36pm | Edited Apr 15, 2021 11:34am
UC trade idea... go long:

Buy [email protected]
SL 1.212
TP 1.322

timeframe W
period 80
#USDCAD / Weekly, Daily & H4
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looks good for a pullback sell trade.
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There is Order in Randomness
I did not expect that at all
💪💪
Was up all night waiting for USDCAD to break out, its been stuck at 1.24 for a while lol.
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Quoting OkarieTrader
Was up all night waiting for USDCAD to break out, its been stuck at 1.24 for a while lol. {image}
still consolidation, its going to make a big move no doubt.
Which way will depend on cad retail sales, usd goods trade balance.
There is Order in Randomness
news favor cad. usdcad h1.
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There is Order in Randomness
Quoting Inthebox
news favor cad. usdcad h1. {image}
You have tips on how to get in to fundamentals? i only use technical analysis think it hinders me a bit.
Quoting OkarieTrader
{quote} You have tips on how to get in to fundamentals? i only use technical analysis think it hinders me a bit.
i do not use much fundamentals, only be aware of upcoming economics news.
you can get opinions https://www.investing.com/analysis/
you can get currencies strength weakness https://www.investing.com/technical/technical-summary

in the above usdcad chart, after the big red candle there was consolidation and down again.
so you know the big red candle is not an exhaust candle but a momentum one.
my entry based on the same after some pullback and went into consolidation for quite long until the cad and usd news.
There is Order in Randomness
Quoting Inthebox
{quote} i do not use much fundamentals, only be aware of upcoming economics news. you can get opinions https://www.investing.com/analysis/ you can get currencies strength weakness https://www.investing.com/technical/technical-summary in the above usdcad chart, after the big red candle there was consolidation and down again. so you know the big red candle is not an exhaust candle but a momentum one. my entry based on the same after some pullback and went into consolidation for quite long until the cad and usd news.
i see, i appreciate the link will be looking into those.
USDCAD

that's how it will be
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wait for reaction on retest of previous day low.
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There is Order in Randomness
Perfect position to buy now @1.228 with short SL 1.225 and a longer TP 1.236. Hope it will make some money for us
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Piphunter40