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USD/CAD

  • #13,081
  • Jun 5, 2018 8:08am Jun 5, 2018 8:08am
Quoting newbegger
What happened at 8:00 am NY time with the pair? I was busy watching another pair and don't see any news why. {image}
Trump. Haha
Attached Image
  • #13,082
  • Jun 5, 2018 8:20am Jun 5, 2018 8:20am
Quoting thir13enth
{quote} Trump. Haha {image}
Thanks! Did not see any other pair react at that time so I was clueless.
Ecclesiastes 1:9
  • #13,083
  • Jun 5, 2018 1:37pm Jun 5, 2018 1:37pm
This pair has been stuck in a range for the last 3 trading sessions. Not exactly sure if it would break out or down. Shorts taken above 1.310 are typically safe and longs taken below 1.2930 are typically safe as well. At least for now.
  • #13,084
  • Jun 6, 2018 8:05am Jun 6, 2018 8:05am
Planning to go long soon sometimes but not yet
  • #13,085
  • Edited 7:20am Jun 7, 2018 6:28am | Edited 7:20am
don't know how much more it can go up but it has been slow to retrace higher, it only turned bullish intraday on trade tensions or proposed oil production increase by OPEC

wouldn't be surprised to see some kind of dump soon
Don't Worry Be Happy
  • #13,086
  • Jun 7, 2018 11:01am Jun 7, 2018 11:01am
Over 1.3 we are in a sell rally mode.
  • #13,087
  • Edited 11:20am Jun 7, 2018 11:07am | Edited 11:20am
I took advantage of decreasing value of canada, I shorted eurcad for a short period of time.
The price increased and crossed the daily R2 and the 30 minute R2 so I shorted the pair.
I didn't short the usdcad because the price was just at the daily R1 level.
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.jpg Size: 512 KB
Managing your lot size is the key
  • #13,088
  • Jun 8, 2018 3:10am Jun 8, 2018 3:10am
USD-CAD advancing and crossing daily R1 and 30 minute R2 so I shorted. Closed short when price hit 30 minute S1
Attached Image (click to enlarge)
Click to Enlarge Name: usd-cad.jpg Size: 504 KB
Managing your lot size is the key
  • #13,089
  • Jun 8, 2018 8:33am Jun 8, 2018 8:33am
looks confused, it won't go up, it won't go down after the employment data
Don't Worry Be Happy
  • #13,090
  • Jun 8, 2018 12:30pm Jun 8, 2018 12:30pm
I'm bearish on the pair, i think we can expect a 200SMA reach with the month.
  • #13,091
  • Jun 10, 2018 2:00am Jun 10, 2018 2:00am
Based on news out of the G7, with Justin apparently sticking his foot in his mouth, could we expect a gap up when the market opens?
  • #13,092
  • Jun 10, 2018 4:59am Jun 10, 2018 4:59am
Quoting Ratmach
Based on news out of the G7, with Justin apparently sticking his foot in his mouth, could we expect a gap up when the market opens?
I believe this will make no difference in the market.
  • #13,093
  • Jun 10, 2018 9:07am Jun 10, 2018 9:07am
Quoting Ratmach
Based on news out of the G7, with Justin apparently sticking his foot in his mouth, could we expect a gap up when the market opens?
I would not be surprised. Trump has underlined his anti Canadian trade views. Additionally, his anti G7 tirade will strengthen th US Dollar.
Gone to a better place
  • #13,094
  • Jun 10, 2018 11:50am Jun 10, 2018 11:50am
Will look for buy entery if i see big gap up @open will short small amount
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h1-metaquotes-software-corp.png Size: 71 KB
  • #13,095
  • Jun 10, 2018 1:16pm Jun 10, 2018 1:16pm
Im hoping for another touch at 3100. Its a major fib line. I sold at the first touch.
Attached Image (click to enlarge)
Click to Enlarge Name: 4B53DF45-02BE-44AF-8895-D4ECBA6C358E.png Size: 104 KB
  • #13,096
  • Jun 10, 2018 1:30pm Jun 10, 2018 1:30pm
It has to dump. Canada will lose it's shit without the USA.

They think they can build a pipeline and get their oil to somebody else. Closest people are UK who make there own haha and won't let nobody in their waters.
  • #13,097
  • Jun 10, 2018 4:07pm Jun 10, 2018 4:07pm
Quoting Ratmach
Based on news out of the G7, with Justin apparently sticking his foot in his mouth, could we expect a gap up when the market opens?
Ha! I got something right for a change!
  • #13,098
  • Jun 10, 2018 6:08pm Jun 10, 2018 6:08pm
Quoting Ratmach
{quote} Ha! I got something right for a change!
lol did you buy?
Price is King
  • #13,099
  • Jun 10, 2018 6:21pm Jun 10, 2018 6:21pm
Quoting ebecerra85
{quote} lol did you buy?
I actually had a (small) long trade that was underwater, that I had left open over the weekend (I know not normally a good idea). But yeah, I got out as soon as it opened, with a profit thanks to the gap. So now, under normal circumstances I would short, assuming the gap would close. But I'm not doing that, since I'm not at all confident that'll happen (can't predict Donald and Justin!)
  • #13,100
  • Jun 11, 2018 1:26am Jun 11, 2018 1:26am
Quoting Ratmach
{quote} I actually had a (small) long trade that was underwater, that I had left open over the weekend (I know not normally a good idea). But yeah, I got out as soon as it opened, with a profit thanks to the gap. So now, under normal circumstances I would short, assuming the gap would close. But I'm not doing that, since I'm not at all confident that'll happen (can't predict Donald and Justin!)

most gaps will close like cad when is the key i have 4 shorts to fill gap and will buy more shorts if it moves up
people leave, but this thread will go on for ever
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