USD/CAD | Page 693 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/CAD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

USD/JPY - USD/CAD any thoughts? 4 replies

CAD export / USD/CAD price 3 replies

Attachments: USD/CAD
Exit Attachments

USD/CAD

  • #13,841
  • Oct 24, 2018 7:42pm Oct 24, 2018 7:42pm
Cadjpy has formed a bearish pinbar.
One can short it with good r:r
  • #13,842
  • Oct 25, 2018 6:41am Oct 25, 2018 6:41am
now 1.3057, next 1.2965 ... faster than the speed of light!
  • #13,843
  • Oct 25, 2018 8:56am Oct 25, 2018 8:56am
Quoting aa4fx
now 1.3057, next 1.2965 ... faster than the speed of light!
For learning purposes, can you share your thoughts on what you were seeing that made you feel this was going to drop?
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #13,844
  • Oct 25, 2018 9:50am Oct 25, 2018 9:50am
Quoting OhComeOn
{quote} For learning purposes, can you share your thoughts on what you were seeing that made you feel this was going to drop?
I was thinking that it will make a new low compare to yesterday one, a low that will become a top in a downtrend scenario. There was also an intersection of some trend lines, to which I gave too much credit, totally wrong ...
Sorry, not much learning material ...
  • #13,845
  • Oct 25, 2018 12:21pm Oct 25, 2018 12:21pm
Quoting aa4fx
{quote} I was thinking that it will make a new low compare to yesterday one, a low that will become a top in a downtrend scenario.
There was also an intersection of some trend lines, to which I gave too much credit, totally wrong ... Sorry, not much learning material ...
Yep.
You overcomplicate it pal

Why new low?? These crooks hiking something worthless... is zero impact... OR WORSE.

Remember GU blabberists - hike, pound DUUUUUMP.
Obviously - stop hunt and no hike in next 2 years

So Ucad up.
As we spoke!!!

Quoting Not-KPMG
{quote} Oh yes. Sorry man. I was purely talking intraday. So buy 1.3000 sell 1.3060 buy 1.2990 where i did expect double bottom would be. Stop hunt etc. Now comes market meltdown But overall the way is and should be up. U/Cad is strong and Canadian liars don't mean a thing. If you successfully sold 3060 I'd recommend reversing.... with 1.32 in near days/weeks.
GL. I don't trade this, no time, only sometime.
Not bad a plan to trade these liars

For future reference!!!!
Chain in NEWS.
Beware of robber banks (RB), bad advisors.
  • #13,846
  • Oct 25, 2018 12:25pm Oct 25, 2018 12:25pm
Quoting OhComeOn
{quote} For learning purposes, can you share your thoughts on what you were seeing that made you feel this was going to drop?
It's great way to learn, asking questions, hearing few opinions...


One need to think WHO MOVES the market AND WHY.

Overall simple pair. But really thieving and dangerous !!!

Months ago i did few charts.....check them... But not trading actively. I pick 30-50 pips without even thinking or posting.

GL
Beware of robber banks (RB), bad advisors.
  • #13,847
  • Oct 25, 2018 12:46pm Oct 25, 2018 12:46pm
Quoting Not-KPMG
{quote} Yep. You overcomplicate it pal Why new low?? These crooks hiking something worthless... is zero impact... OR WORSE. Remember GU blabberists - hike, pound DUUUUUMP. Obviously - stop hunt and no hike in next 2 years So Ucad up. As we spoke!!! {quote} Not bad a plan to trade these liars For future reference!!!! Chain in NEWS.
Yes, you are right ...
Lately I was away from usdcad too ... all started from a dream, about 1.5we ago ... USDCAD was dropping hard, to 1.18!!! The drop, due to the news, arrived with delay, ... on the news time I kinda knew it won't make my dream real and I took some trades out, then booked a few more scalps ...
Something is weird with me lately, I think I am in a self sabotage period ... I bought gbp! a thing that I almost never do, bad things happen when I do...

Dreams, dreams, ... most of them give great tips!
  • #13,848
  • Oct 26, 2018 1:55am Oct 26, 2018 1:55am
Quoting Forexnewbe14
Cadjpy has formed a bearish pinbar. One can short it with good r:r
Closed my cadjpy for +50 pips and opened short on usdcad at 1.3115 with 20 pips stop loss.
  • #13,849
  • Oct 26, 2018 2:01am Oct 26, 2018 2:01am
Quoting Forexnewbe14
{quote} Closed my cadjpy for +50 pips and opened short on usdcad at 1.3115 with 20 pips stop loss.
Haha...20 pips gone...
  • #13,850
  • Oct 26, 2018 2:17am Oct 26, 2018 2:17am
Quoting Forexnewbe14
{quote} Closed my cadjpy for +50 pips and opened short on usdcad at 1.3115 with 20 pips stop loss.
Your stoploss is too small, u need to give your trades space to breath, small stop losses almost always guaranty a loss.

Wasn’t a good place to sell, just broke out of a descending trend line.

you need a good risk reward trade on the path of least resistance.

i guess you’re still new to Fx, there’s a lot you need to know otherwise you gon blow your account.
  • #13,851
  • Oct 26, 2018 2:28am Oct 26, 2018 2:28am
True, too small stop loss setup has blown my acc already. Just before the trade gather space to adjust i am knocked off my position. too bad
  • #13,852
  • Oct 26, 2018 4:13am Oct 26, 2018 4:13am
Quoting mamalujo
{quote} Your stoploss is too small, u need to give your trades space to breath, small stop losses almost always guaranty a loss. Wasn’t a good place to sell, just broke out of a descending trend line. you need a good risk reward trade on the path of least resistance. i guess you’re still new to Fx, there’s a lot you need to know otherwise you gon blow your account.
Thank you.....yeah I need to work on my stop loss...
Jus I follow PA and S/R ..
Need to learn many things ...
BTW I trade only micro and mini accounts
  • #13,853
  • Oct 26, 2018 4:21am Oct 26, 2018 4:21am
Quoting Forexnewbe14
{quote} Haha...20 pips gone...
Had the exact same trade. Still worth a try though, it was right on the trend line. Looking to reshort at 1.1370 now.

Quoting Forexnewbe14
{quote} Thank you.....yeah I need to work on my stop loss... Jus I follow PA and S/R .. Need to learn many things ... BTW I trade only micro and mini accounts
It's more about knowing where to set a tight or bigger stop, in this case it was definitely better to have that tight stop as the broken trend line line for this week implies we've got some more up to go, can get a better re-entry later.
  • #13,854
  • Oct 26, 2018 5:03am Oct 26, 2018 5:03am
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-e-w1-riston-capital-ltd.png Size: 35 KB

Guys, I think this is developing a good buy especially if the price breaks above 1.31668
  • #13,855
  • Oct 26, 2018 5:32am Oct 26, 2018 5:32am
USDCAD broke the resistance at 1.3120. I think bulls will try to bring the pair up to 1.3230 and form a double top there.
  • #13,856
  • Oct 26, 2018 10:31am Oct 26, 2018 10:31am
What's happening
  • #13,857
  • Oct 26, 2018 2:38pm Oct 26, 2018 2:38pm
Quoting arigoldman
USDCAD broke the resistance at 1.3120. I think bulls will try to bring the pair up to 1.3230 and form a double top there.
that was news time with fake breakout...
Work Hard In Silence, Let Your Success Be Your Noise.
  • #13,858
  • Oct 29, 2018 10:11am Oct 29, 2018 10:11am
Upper channel price around 1.32, bottom channel price 1.3010. Where to first?
  • #13,859
  • Oct 29, 2018 1:13pm Oct 29, 2018 1:13pm
I really don't understand why this pair keeps going up. more and more I look at all the technical it should be going down in my opinion. for those who firmly believe this pair should be going up what is your reason?
  • #13,860
  • Oct 29, 2018 3:39pm Oct 29, 2018 3:39pm
Quoting Scoliis
I really don't understand why this pair keeps going up. more and more I look at all the technical it should be going down in my opinion. for those who firmly believe this pair should be going up what is your reason?
I find any pair that's not E/U or U/J probably doesn't get enough volume and is vulnerable to moves from the "big guys". Technically a weak downtrend still in play, if broken we'll probably see 1.3250.
Attached Image (click to enlarge)
Click to Enlarge Name: download (3).png Size: 176 KB
15 traders viewing now