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USD/CAD

  • #12,641
  • Jan 10, 2018 10:03am Jan 10, 2018 10:03am
Quoting Glenchilds
Does anyone know if the crude oil report will better this trade or not? I still need it to rise above 1.25000 to get my money back.
we should get there.
  • #12,642
  • Jan 10, 2018 10:09am Jan 10, 2018 10:09am
Lets hope then, thanks for the reply.
  • #12,643
  • Jan 10, 2018 10:21am Jan 10, 2018 10:21am
Quoting Glenchilds
Lets hope then, thanks for the reply.
dont worry, just collect swap and stay calm.
  • #12,644
  • Jan 10, 2018 11:00am Jan 10, 2018 11:00am
What does swap mean? Sorry i new to all this
  • #12,645
  • Jan 10, 2018 1:16pm Jan 10, 2018 1:16pm
Lovely i managed to get out with a small profit after being well down. Just had a massive spike, so happy.
  • #12,646
  • Jan 10, 2018 1:44pm Jan 10, 2018 1:44pm
I was short. had loss of 20. market used opportunity to exaggerate NAFTA issue.
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #12,647
  • Jan 10, 2018 1:50pm Jan 10, 2018 1:50pm
Quoting Trader-Waldo
I was short. had loss of 20. market used opportunity to exaggerate NAFTA issue.
Seems to be a lot of that going on today. Fake news
  • #12,648
  • Edited 2:36pm Jan 10, 2018 2:22pm | Edited 2:36pm
Quoting Pipfu
{quote} Seems to be a lot of that going on today. Fake news
market and media cooperate. i don't know if you remember last year about this time mnuchin had interview and said that USD is too strong. that statement media withhold for 1 day and then market reacted when was appropriate for market(next day) ...after that was said about interview...

market (market makers) know every news, data in advance so they can trade accordingly.
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #12,649
  • Jan 10, 2018 2:38pm Jan 10, 2018 2:38pm
Quoting Trader-Waldo
I was short. had loss of 20. market used opportunity to exaggerate NAFTA issue.
NAFTA issue is not an exaggeration at all Bro.! Canada exchange with USA represents 75-80% of its GDP! It's huge! No deal on NAFTA agreement will be a disaster for Canada and Mexico.
  • #12,650
  • Jan 10, 2018 2:50pm Jan 10, 2018 2:50pm
Quoting Fadhl
{quote} NAFTA issue is not an exaggeration at all Bro.! Canada exchange with USA represents 75-80% of its GDP! It's huge! No deal on NAFTA agreement will be a disaster for Canada and Mexico.
exaggerated? yes, that is still my opinion. I understand consequences but crushing CAD for 20 or 100 or 200 pips is not going to change anything to USA decision...
on the other hand canada might chose to become largest state of USA.
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #12,651
  • Jan 10, 2018 3:01pm Jan 10, 2018 3:01pm
Quoting Fadhl
{quote} NAFTA issue is not an exaggeration at all Bro.! Canada exchange with USA represents 75-80% of its EXPORT GDP! It's huge! No deal on NAFTA agreement will be a disaster for Canada and Mexico.
EXPORT not GDP, sorry!
  • #12,652
  • Jan 10, 2018 9:20pm Jan 10, 2018 9:20pm
Quoting Glenchilds
Lovely i managed to get out with a small profit after being well down. Just had a massive spike, so happy.
told ya to chill.
  • #12,653
  • Jan 11, 2018 2:41am Jan 11, 2018 2:41am
I have to join the bulls now
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.4%
  • #12,654
  • Jan 11, 2018 8:14am Jan 11, 2018 8:14am
wow, usd crashed again with no effect on cad....
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #12,655
  • Jan 11, 2018 9:01am Jan 11, 2018 9:01am
Quoting Trader-Waldo
wow, usd crashed again with no effect on cad....
I saw that as well! LOL
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #12,656
  • Jan 11, 2018 11:13am Jan 11, 2018 11:13am
Quoting OhComeOn
{quote} I saw that as well! LOL
A few days ago the discussion was about USD bouncing back to 1.3 (Magic coins were brought to the discussion last Friday) and now it has crashed twice and no one has any idea about how this pair is acting... trading at its effin best LoL

on a serious note, what the F*** is going on here and any guesses on where it is going?
  • #12,657
  • Jan 11, 2018 1:02pm Jan 11, 2018 1:02pm
Quoting RaoAtik
{quote} A few days ago the discussion was about USD bouncing back to 1.3 (Magic coins were brought to the discussion last Friday) and now it has crashed twice and no one has any idea about how this pair is acting... trading at its effin best LoL on a serious note, what the F*** is going on here and any guesses on where it is going?
Feels like we are trading EURUSD!!! LOL But anyhow, I am following USDCAD north, my indicators show further up on 4H charts. Weekly pivot is 1.25834, we breached that momentarily, next resistance pivot point above is 1.28286. Can't say I will be in it until 1.28286, will leave when my indicators validate its time.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #12,658
  • Jan 11, 2018 5:17pm Jan 11, 2018 5:17pm
Yep! That explains it: https://www.forexfactory.com/news.php?do=news&id=729551
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #12,659
  • Jan 11, 2018 5:48pm Jan 11, 2018 5:48pm
Quoting OhComeOn
Yep! That explains it: https://www.forexfactory.com/news.php?do=news&id=729551
For the newbies, I am still long until my indicators say stop. I have learned that the market does not always flow to my opinion, and in the past when I enter the market based on my opinion(which is guessing a.k.a predicting), I am always a week early, which can leave you missing or losing A LOT of pips. I have indicators, rules, SL, and strategies for a reason, it removes emotion and uncertainty from my trades. I no longer start sentences with: I hope, if I'm lucky, hopefully this will, maybe it will, but it may. These are all signs you are not trading smart. Once again, protect your capital, trade smart, and make sure to ask questions, some of the red diamond members can be full lessons they have learned and are willing to share. Also keep in mind some red diamonds are also full of hot air. Research everything you are told and learn.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #12,660
  • Jan 12, 2018 3:06am Jan 12, 2018 3:06am
Quoting OhComeOn
{quote} Feels like we are trading EURUSD!!! LOL But anyhow, I am following USDCAD north, my indicators show further up on 4H charts. Weekly pivot is 1.25834, we breached that momentarily, next resistance pivot point above is 1.28286. Can't say I will be in it until 1.28286, will leave when my indicators validate its time.
im with you on this one but this damned dollar keeps on crashing... give me a shout out incase the indicators say otherwise
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