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  • Post #13,801
  • Quote
  • Oct 17, 2018 2:15pm Oct 17, 2018 2:15pm
  •  Lee337
  • | Joined Nov 2017 | Status: Member | 19 Posts
Quoting aa4fx
Disliked
to 1.3024 and after the free fall!
Ignored
Hope this is the last swing up. Gonna add one more position when PA is right.
There is NO god.. Only the believers!
 
 
  • Post #13,802
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  • Edited at 9:58pm Oct 17, 2018 9:20pm | Edited at 9:58pm
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Just placed a pending sell order at 1.3060 with 50 pips stop loss.
Let's see...
Moved my order from 1.3060 to 1.3050.
 
 
  • Post #13,803
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  • Oct 18, 2018 12:18am Oct 18, 2018 12:18am
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Quoting Forexnewbe14
Disliked
Just placed a pending sell order at 1.3060 with 50 pips stop loss. Let's see... Moved my order from 1.3060 to 1.3050.
Ignored
Took a small short on audcad with 30 pips stop loss.
 
 
  • Post #13,804
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  • Oct 18, 2018 2:32am Oct 18, 2018 2:32am
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Quoting Forexnewbe14
Disliked
Just placed a pending sell order at 1.3060 with 50 pips stop loss. Let's see... Moved my order from 1.3060 to 1.3050.
Ignored
Sell got triggered.....let's see what happens.
 
 
  • Post #13,805
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  • Oct 18, 2018 7:17am Oct 18, 2018 7:17am
  •  Sh0ukaT
  • | Joined Mar 2014 | Status: Memer | 49 Posts
Quoting Forexnewbe14
Disliked
Just placed a pending sell order at 1.3060 with 50 pips stop loss. Let's see... Moved my order from 1.3060 to 1.3050.
Ignored
dayum bro. how do you do it?
 
 
  • Post #13,806
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  • Oct 18, 2018 7:34am Oct 18, 2018 7:34am
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Quoting Sh0ukaT
Disliked
{quote} dayum bro. how do you do it?
Ignored
There is a daily pivot at 1.3050 and from the past one week it is acting as resistance.
I may get stopped out....but this is one of my way to trade brother......
 
 
  • Post #13,807
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  • Oct 18, 2018 10:18am Oct 18, 2018 10:18am
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Quoting Forexnewbe14
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{quote} Took a small short on audcad with 30 pips stop loss.
Ignored
Finally something is happening to my audcad... thought of closing it.... but last h4 is a pin bar....so...moved my sl to days high...
For usdcad moved my sl to 1.3060
 
 
  • Post #13,808
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  • Oct 18, 2018 2:01pm Oct 18, 2018 2:01pm
  •  SeeTheTell
  • | Joined May 2018 | Status: Member | 19 Posts
I'm not sure why most of the people on this thread are shorting USD.CAD. This is a bullish breakout with enormously bullish fundamental pressure. CAD news tomorrow will either pause the pair until Wednesday or super charge it for another few days leading up to BOC's decision on Wednesday, 10/24.
 
 
  • Post #13,809
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  • Oct 18, 2018 9:24pm Oct 18, 2018 9:24pm
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Quoting SeeTheTell
Disliked
I'm not sure why most of the people on this thread are shorting USD.CAD. This is a bullish breakout with enormously bullish fundamental pressure. CAD news tomorrow will either pause the pair until Wednesday or super charge it for another few days leading up to BOC's decision on Wednesday, 10/24.
Ignored
It may be bullish....but here is my chart...there is a confluence resistance around 1.3080
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot_20181019-064948.png
Size: 144 KB
 
 
  • Post #13,810
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  • Oct 19, 2018 8:50am Oct 19, 2018 8:50am
  •  arigoldman
  • | Joined Oct 2014 | Status: Member | 915 Posts
The USD/CAD pair went to a high of 1.3116 on negative CAD data. Very close to my short entry at 1.3130. Let's see if it will get there.
 
 
  • Post #13,811
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  • Oct 19, 2018 8:56am Oct 19, 2018 8:56am
  •  plymgary
  • | Joined Mar 2017 | Status: Member | 154 Posts
Damn - moved too many pips. Was going to put this on a buy if CAD data was poor. However, it's now not worth my R:R ratio.

Perhaps if there's a retraction to the 306 level within the next hour I'll go for it. Unlikely to get there though!
 
 
  • Post #13,812
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  • Oct 19, 2018 8:57am Oct 19, 2018 8:57am
  •  Superflex
  • | Joined Nov 2017 | Status: Member | 100 Posts
Quoting arigoldman
Disliked
The USD/CAD pair went to a high of 1.3116 on negative CAD data. Very close to my short entry at 1.3130. Let's see if it will get there.
Ignored

it could go higher. maybe 3200
 
 
  • Post #13,813
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  • Oct 19, 2018 9:27am Oct 19, 2018 9:27am
  •  mamalujo
  • | Joined Aug 2012 | Status: Member | 643 Posts
Attached Image (click to enlarge)
Click to Enlarge

Name: USDCADDaily.png
Size: 55 KB


see how it respected that trendline on the daily tf, if it breaks and then bounces above on a retest then we might get some movement upwards. data wa really bad.
 
 
  • Post #13,814
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  • Oct 19, 2018 9:44am Oct 19, 2018 9:44am
  •  SeeTheTell
  • | Joined May 2018 | Status: Member | 19 Posts
The next part of the news cycle, Monday and Tuesday, will question whether BOC is going to raise on the tail of this weak data. I expect USD.CAD to hit 1.32 in advance of Wednesday's BOC meeting.

If you traded the news, there was a pullback on the 4Hr to MA support, confirmed with Parabolic SAR, and a reversal pattern on the 5-minute ahead of the 830 news.
 
 
  • Post #13,815
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  • Oct 19, 2018 10:03am Oct 19, 2018 10:03am
  •  mamalujo
  • | Joined Aug 2012 | Status: Member | 643 Posts
Quoting mamalujo
Disliked
{image} see how it respected that trendline on the daily tf, if it breaks and then bounces above on a retest then we might get some movement upwards. data wa really bad.
Ignored

should bounce at 1.3087 region
 
 
  • Post #13,816
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  • Oct 19, 2018 10:05am Oct 19, 2018 10:05am
  •  mamalujo
  • | Joined Aug 2012 | Status: Member | 643 Posts
Quoting SeeTheTell
Disliked
The next part of the news cycle, Monday and Tuesday, will question whether BOC is going to raise on the tail of this weak data. I expect USD.CAD to hit 1.32 in advance of Wednesday's BOC meeting. If you traded the news, there was a pullback on the 4Hr to MA support, confirmed with Parabolic SAR, and a reversal pattern on the 5-minute ahead of the 830 news.
Ignored
i agree
 
 
  • Post #13,817
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  • Oct 19, 2018 11:11am Oct 19, 2018 11:11am
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Took a small short on the retest of r1 at 1.3110. sl at 1.3125.
It is Friday....still took the short.
Everything depends on daily close. If it closes above 1.31 then there is no hope for bears.
 
 
  • Post #13,818
  • Quote
  • Oct 19, 2018 12:27pm Oct 19, 2018 12:27pm
  •  Forexnewbe14
  • | Joined Nov 2017 | Status: Member | 56 Posts
Quoting Forexnewbe14
Disliked
Took a small short on the retest of r1 at 1.3110. sl at 1.3125. It is Friday....still took the short. Everything depends on daily close. If it closes above 1.31 then there is no hope for bears.
Ignored
Got stopped out.....this is what happens when you want to catch top or bottom
 
 
  • Post #13,819
  • Quote
  • Oct 23, 2018 1:13pm Oct 23, 2018 1:13pm
  •  mamalujo
  • | Joined Aug 2012 | Status: Member | 643 Posts
It’s BOC rate decision tomorrow, why this place so quiet?
 
 
  • Post #13,820
  • Quote
  • Oct 23, 2018 1:24pm Oct 23, 2018 1:24pm
  •  SeeTheTell
  • | Joined May 2018 | Status: Member | 19 Posts
I know the market says the BOC is going to raise, and they probably will, but they have every reason not to raise. Check out this article: https://medium.com/@joe.mchugh/lower...a-1c50cd68ec42
 
 
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