USD/CAD

Beautiful Sell Signal. First Short Taken. That is pretty

cad daily

I have a few sell trades in place targeting 1.2962 today, will see ...

Oil taking a significant move down, projection towards 65 per barrel.

Oil movement will have effect on the USD pairs. Worth monitoring closely. Not sure how this will affect USDCAD pace to drive towards June's high. Whether it will be a smooth or rough ride, there lies a good chance that June's level will be heavily tested.

133xx - to god knows how far Mr Market will push this, interesting level to monitor and we should get some real action and volatility there, given that this surge may well be the final one for the year.

I waiting for 17:00 cet for the news to trade the retracement .
Last its work perfectly

Closing long EUR/CAD in 1.5260 before news for a nice profit!

Last year Boc raised I rates around this time when the markets didn't expect it to happen with an immediate 200 pips drop. I keep recalling that moment when I was at the firm. I wonder if that is going to happen now. Recently R. Sales doubled in expectations GDpM/m Doubled expectations, T balance 4x better than expected. I wonder if all the politcal chaos will over shadow the recent #'s?

Took from daily pivot to r1

Exit with 10 pips. There is no effect and the eu is getting stronger

no such move happen, the sell view remains

Going to see where this closes on the daily. And take it from there.

usd cad daily

How do you see a sell?

IMHO, this is a clear cup and handle breakout on the Monthly, Weekly and Daily charts. It's going to 1.3385 in the short term with the FOMC next week. When NAFTA finally concludes, that will be bullish for the USD as well. With the US economy humming, all systems go for a sustained aggressive Fed going into this meeting and the following meetings. I would not be surprised to see a forecast of another four hikes in 2019.

Moreover, there's something else going on that most of the pundits seem to be missing. The FOMC stated at the last meeting that the stability of the system is a third mandate. In other words, I expect the Fed to aggressively raise rates into this expansion after the Midterm elections in November in order to create a budget crisis for the government. This will be the backdrop for negotiating a new healthcare bill. Social Security is also on tap, but that probably will have to wait until the 2020 Congress.

Most probably not too inspired but I just closed some trades now @ 1.3174, ... will open others if the price will revert ... still with some sell trades in.

Nothing too advance, by looking at the price movement style, a few trend lines that sometime I use.
I try to keep manual trading away from a robotic style with feeling, that I usually see all around, not to mess my mind when things go wrong.

cadd1

Van halen's classic.

sold 1.3197 without much looking, when it was about half an hour ago

this trade is out now @ 1.3180

Just follow the trend... USD/CAD displays a clear break of the daily channel with the closing of higher high. I will wait for a pullback to buy again. Perhaps a retracement back to 1.3110-ish. If I see bullish PA in that area, I will look to get involved on the long side again. Aggressive traders would sell now with a stop above 1.3200. A nimble entry could provide 1:3 RR ratio.