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USD/CAD

  • #11,621
  • Jul 18, 2017 8:44am Jul 18, 2017 8:44am
I guess we should take long position for USDCAD, It is nearly hit support
current buy at 1.26000
TP>>>> 1.30000 ( 400 PIPs )
SL>>>> 1.24500 ( 150 PIPs )
  • #11,622
  • Jul 18, 2017 9:02am Jul 18, 2017 9:02am
Buy for sure Ucad but care your MM.
  • #11,623
  • Jul 18, 2017 9:08am Jul 18, 2017 9:08am
yeah..didnt mention that i reopened long already for 20 pips..sl at be
  • #11,624
  • Edited 9:29am Jul 18, 2017 9:19am | Edited 9:29am
So unlucky.Put 50 pips TP for short,missed exactly by the spread.And now it's look like about to hit my BE
Still happy though,have my win from UJ today
I mostly fail catching the dip so i only look for buy if there is daily candle close above 1.269
Don't mind me.. i'm crazy
  • #11,625
  • Jul 18, 2017 9:38am Jul 18, 2017 9:38am
Quoting TheDream
Buy for sure Ucad but care your MM.
whats your TP?
  • #11,626
  • Jul 18, 2017 9:51am Jul 18, 2017 9:51am
Quoting umbrella man
Also, I should mention that I really expected correction somewhere around 1.25 and this spike can be only because of the triggered take profits of big players' positions. I put the stop-loss on the break even point.
NOW i dont hate your long anymore.
  • #11,627
  • Jul 18, 2017 11:19pm Jul 18, 2017 11:19pm
long usd/cad spot fx:- lot size: 0.26 target: >1.27799 duration of trade: 2 weeks
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 40 KB
  • #11,628
  • Jul 19, 2017 7:43am Jul 19, 2017 7:43am
I think its bottoming out at 1.26, may test the bottom again or not, maybe even drop another 50 pips , but Im long on this one for the incoming correction. Im guessing 1.275 level
  • #11,629
  • Jul 19, 2017 8:37am Jul 19, 2017 8:37am
still going down
  • #11,630
  • Jul 19, 2017 9:01am Jul 19, 2017 9:01am
Long at 1.2591
  • #11,631
  • Jul 19, 2017 9:18am Jul 19, 2017 9:18am
Quoting umbrella man
Long at 1.2591
http://s2.quickmeme.com/img/28/28299...1f0ec7fcd1.jpg
  • #11,632
  • Jul 19, 2017 10:23am Jul 19, 2017 10:23am
1.25789 can be support of USDCAD,
Bounced 3 times, and then can't hit the Support of M15 and H4 Chart.
Long position at Current Price. 1.25890>> TP-- 1.30000 >> SL-- 1.2450
How about yours opinions,, It can still down or not ??
  • #11,633
  • Jul 19, 2017 10:26am Jul 19, 2017 10:26am
Quoting RKarRain
1.25789 can be support of USDCAD, Bounced 3 times, and then can't hit the Support of M15 and H4 Chart. Long position at Current Price. 1.25890>> TP-- 1.30000 >> SL-- 1.2450 How about yours opinions,, It can still down or not ??
I'll buy any downside for 1.273x first and then 1.297x/8x
COT: The precious data ignored
  • #11,634
  • Jul 19, 2017 10:40am Jul 19, 2017 10:40am
Quoting kuroro001
{quote} I'll buy any downside for 1.273x first and then 1.297x/8x
Yes, u can, but you need to check your capital, we are just a fish, some shark will try to eat us. Don't forget to place SL.
  • #11,635
  • Jul 19, 2017 11:06am Jul 19, 2017 11:06am
I took profit on long a at 1.6245 and have been short since. Support is being tested..which I believe will break through and head to attempt to create a new low. Longing here again doesn't seem good to me on the 4 hour..8..daily..weekly..or monthly.
  • #11,636
  • Jul 19, 2017 10:17pm Jul 19, 2017 10:17pm
Now..
downtrend finished
Lost in Narrative
  • #11,637
  • Jul 19, 2017 10:30pm Jul 19, 2017 10:30pm
all friends
gud morning
from india
excellent learning here
Thanks to all
  • #11,638
  • Jul 20, 2017 3:56am Jul 20, 2017 3:56am
1.26200 Became support of USDCAD, And just break M15 Chart resistance. Resistance became support.
So it can go up to H1 Chart Resistance. 1.27300
U all can take long position for Short-Term.
  • #11,639
  • Jul 20, 2017 6:22am Jul 20, 2017 6:22am
Wanting the down trend to be finished because you have support and a long position doesn't make it so. Id really encourage a look at daily weekly month timeframe before marrying these longs. Especially since 1.62456pm area hasn't been tested yet
  • #11,640
  • Jul 20, 2017 6:37am Jul 20, 2017 6:37am
Quoting Venomousssss
Wanting the down trend to be finished because you have support and a long position doesn't make it so. Id really encourage a look at daily weekly month timeframe before marrying these longs. Especially since 1.62456pm area hasn't been tested yet

I have done that checking the H1, H4, D1 and weekly - and placed a long one but got it all wrong - damaged my trading and forgot to place TP - waiting for it to go up now..... but I am getting there.
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