Don't Worry Be Happy
- #12,961
- Apr 18, 2018 8:19am Apr 18, 2018 8:19am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
- #12,962
- Apr 18, 2018 8:19am Apr 18, 2018 8:19am
- | Joined May 2014 | Status: Trader | 1,521 Posts
{quote} I don't consider price movement during a news event a "call". The real move has yet to happen. I'm adding more shorts now up to 1.265 where my opinion is any rally will be capped. Everyone is getting long. I like that. Good luck. Awesome 20 people suddenly on UCAD thread. Tomorrow back to the usual one person every 6 hours, lol.
was purely commenting it mate.Good luck!
- #12,963
- Apr 18, 2018 8:22am Apr 18, 2018 8:22am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #12,964
- Apr 18, 2018 8:22am Apr 18, 2018 8:22am
{quote} I was just boring reading other threads i know nothing of this pair and never bought it
- #12,965
- Apr 18, 2018 8:25am Apr 18, 2018 8:25am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #12,966
- Apr 18, 2018 9:33am Apr 18, 2018 9:33am
- | Membership Revoked | Joined Jun 2017 | 1,576 Posts
So Poloz today (BOC Governor) -
The BOC fear growth is an issue, they want to see more business investment, they want nafta concluded, and the bombshell was that interest rates to remain low.
Now he was extremely dovish!!
The white house has said we may not get a nafta deal until the end of the year!!
I think with all that said its time to look to go long USD/CAD for quite a few sessions.
TBH i wont be trading usd vs cad I will look for a more stable currency like probably eur or gbp (although gbp might start selling off soon).
All in agreement?
The BOC fear growth is an issue, they want to see more business investment, they want nafta concluded, and the bombshell was that interest rates to remain low.
Now he was extremely dovish!!
The white house has said we may not get a nafta deal until the end of the year!!
I think with all that said its time to look to go long USD/CAD for quite a few sessions.
TBH i wont be trading usd vs cad I will look for a more stable currency like probably eur or gbp (although gbp might start selling off soon).
All in agreement?
- #12,968
- Apr 18, 2018 10:07am Apr 18, 2018 10:07am
- | Membership Revoked | Joined Jun 2017 | 1,576 Posts
- #12,969
- Edited 2:46pm Apr 18, 2018 10:27am | Edited 2:46pm
- | Membership Revoked | Joined Jun 2017 | 1,576 Posts
News just broke that the US is targeting a nafta deal in 3 weeks. Smh 
!!!
Slightly confused as poloz said a nafta deal wouldn't change the guidance.
!!!Slightly confused as poloz said a nafta deal wouldn't change the guidance.
- #12,973
- Edited 3:27pm Apr 18, 2018 1:52pm | Edited 3:27pm
- Joined Aug 2013 | Status: Trader | 4,904 Posts
Greetings traders.
It looks like I'm not the only one who woke up with an erection. UCAD got a big stiffy on a dovish rate statement. Interesting, considering I was expecting a dovish statement. Apparently others obsessed with future interest rate path were expecting more. Small waves in a big ocean however.
As I stated before the event, I had shorts pending all the way up to 1.2650, SLs at 1.2685. Filled perfectly. Love it. The only thing that would get me off my bearish bias is a daily close above 1.2675. Above the weekly pivot there isn't much in the way of resistance until 1.274. Let's see what London says.
Oil surging, some positive NAFTA news, blah blah blah.
A look at the 4H shows price stopping dead in it's tracks at the weekly pivot. Hidden divergence appears.
Cheers all and good luck and congrats to those who made some pips on the spike.
4H
It looks like I'm not the only one who woke up with an erection. UCAD got a big stiffy on a dovish rate statement. Interesting, considering I was expecting a dovish statement. Apparently others obsessed with future interest rate path were expecting more. Small waves in a big ocean however.
As I stated before the event, I had shorts pending all the way up to 1.2650, SLs at 1.2685. Filled perfectly. Love it. The only thing that would get me off my bearish bias is a daily close above 1.2675. Above the weekly pivot there isn't much in the way of resistance until 1.274. Let's see what London says.
Oil surging, some positive NAFTA news, blah blah blah.
A look at the 4H shows price stopping dead in it's tracks at the weekly pivot. Hidden divergence appears.
Cheers all and good luck and congrats to those who made some pips on the spike.
4H
Pride always comes before destruction.... -Proverbs 16:18
- #12,976
- Apr 19, 2018 5:43pm Apr 19, 2018 5:43pm
Greetings traders. It looks like I'm not the only one who woke up with an erection. UCAD got a big stiffy on a dovish rate statement. Interesting, considering I was expecting a dovish statement. Apparently others obsessed with future interest rate path were expecting more. Small waves in a big ocean however. As I stated before the event, I had shorts pending all the way up to 1.2650, SLs at 1.2685. Filled perfectly. Love it. The only thing that would get me off my bearish bias is a daily close above 1.2675. Above the weekly pivot there isn't much...
sometimes reading FF is not a good idea
then again depends on the TF and screentime
I will get my head around this, but always can be wrong
- #12,978
- Edited Apr 20, 2018 3:08am Apr 19, 2018 9:14pm | Edited Apr 20, 2018 3:08am
- Joined Aug 2013 | Status: Trader | 4,904 Posts
Pride always comes before destruction.... -Proverbs 16:18