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USD/CAD

  • #14,421
  • Jan 18, 2019 6:12am Jan 18, 2019 6:12am
I'm seeing pretty much the same.
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Yeoman the "Tough Luck" Trader =p
  • #14,422
  • Jan 21, 2019 6:54pm Jan 21, 2019 6:54pm
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Don't believe me just watch!
  • #14,423
  • Jan 21, 2019 9:16pm Jan 21, 2019 9:16pm
looking to add sell around 1.32/1.34 with final target 1.30/1.28. after this im done with this ucad short. so much margin and time wasted just for waiting.....lol
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  • #14,424
  • Jan 22, 2019 8:23am Jan 22, 2019 8:23am
Quoting LCForex
{image}
Short USDCAD: 1.3343. TP 1.2950/00 area
Don't believe me just watch!
  • #14,425
  • Jan 22, 2019 9:01am Jan 22, 2019 9:01am
Long USDCAD, TP 1.38
  • #14,426
  • Jan 22, 2019 10:41am Jan 22, 2019 10:41am
Quoting ArslanHyder
This dump is a first phase of a pump cooking up... so we would see a pump in couple of candles on H4
As I said earlier... pump is there...
Markets are Irrational
  • #14,427
  • Jan 23, 2019 5:21am Jan 23, 2019 5:21am
Quoting LCForex
{quote} Short USDCAD: 1.3343. TP 1.2950/00 area
Stop at BE. If today we could close @1.1385 should be a nice bear set up!
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Don't believe me just watch!
  • #14,428
  • Jan 23, 2019 6:27am Jan 23, 2019 6:27am
Short again! 1.3344
Don't believe me just watch!
  • #14,429
  • Jan 23, 2019 6:38am Jan 23, 2019 6:38am
Personally , I am more inclined to agree with Davidbc than LCForex.
Temporary disconnects occur between the price of WTI and the loonie.
The Market is currently experiencing such a phase.
Currently , "shorts" are in the "hands of dismal , if not damaging economic news concerning the US".
A MASSIVE DRAWDOWN OF OIL INVENTORY IN THE US AND RIG COUNT today could shift the emphasis back to oil price.
Is 1.38 in play ? One never knows. However , clues are left , ON THE LEFT HAND SIDE OF ALL CHARTS !!! The RIGHT HAND SIDE OF A CHART IS ALWAYS DETERMINED BY SPECULATOR PSYCHOLOGY.

Pay attention to price action , cast a wide fishing , net with VERY SMALL POSITION SIZES (account management)
Regards ,
GreenEarth
"Define the risk OUT of your trade"--Mark Douglas
  • #14,430
  • Jan 23, 2019 6:57am Jan 23, 2019 6:57am
Quoting MrPresident
{quote} bought from 1.32, stop around 1.318, target open
looking for 1.35 to take profit but I think it will go much higher
Don't Worry Be Happy
  • #14,431
  • Jan 23, 2019 11:05am Jan 23, 2019 11:05am
Quoting GreenEarth
Personally , I am more inclined to agree with Davidbc than LCForex. Temporary disconnects occur between the price of WTI and the loonie. The Market is currently experiencing such a phase. Currently , "shorts" are in the "hands of dismal , if not damaging economic news concerning the US". A MASSIVE DRAWDOWN OF OIL INVENTORY IN THE US AND RIG COUNT today could shift the emphasis back to oil price. Is 1.38 in play ? One never knows. However , clues are left , ON THE LEFT HAND SIDE OF ALL CHARTS !!! The RIGHT HAND SIDE OF A CHART IS ALWAYS DETERMINED...
I entered long at 1.3275, tp is 1.38 as I said. I was going to short this pair but we broke the downtrend channel and then we got support on it, and also oil prices look like they could continue the fall any moment now.
  • #14,432
  • Jan 25, 2019 5:33am Jan 25, 2019 5:33am
Quoting LCForex
Short again! 1.3344
SL: BE again! TP same 1.2900
Don't believe me just watch!
  • #14,433
  • Jan 25, 2019 5:57am Jan 25, 2019 5:57am
If pair can close today below 1.3285. Take your parachute this could be hurt you!
Don't believe me just watch!
  • #14,434
  • Jan 25, 2019 7:26am Jan 25, 2019 7:26am
Support broken. Expecting consolidation as the right shoulder prints next week. Target 1.3 in Feb.
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Yeoman the "Tough Luck" Trader =p
  • #14,435
  • Jan 26, 2019 1:46am Jan 26, 2019 1:46am
Hello what are your guys forecast for the USD/CAD this coming week?
  • #14,436
  • Jan 26, 2019 4:27am Jan 26, 2019 4:27am
Suj , before you "listen" to anyone else's opinion on what the USD/CAD MIGHT do this week , IT IS IMPERATIVE that you know what significant events are scheduled for this coming week. News events that will impact this pair.

Also Ll1979 provides us all with the Oil Inventories every week , this is very valuable information to take into consideration.

Regards ,
GreenEarth
"Define the risk OUT of your trade"--Mark Douglas
  • #14,437
  • Jan 27, 2019 3:50pm Jan 27, 2019 3:50pm
Quoting GreenEarth
Suj , before you "listen" to anyone else's opinion on what the USD/CAD MIGHT do this week , IT IS IMPERATIVE that you know what significant events are scheduled for this coming week. News events that will impact this pair. Also Ll1979 provides us all with the Oil Inventories every week , this is very valuable information to take into consideration. Regards , GreenEarth
Downside intact until the 200 day average around 1.3160
Be humble or be humbled.
  • #14,438
  • Jan 27, 2019 4:07pm Jan 27, 2019 4:07pm
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  • #14,439
  • Jan 27, 2019 5:32pm Jan 27, 2019 5:32pm
Temujin , I hope you are correct.

This should be an interesting week for this pair.

GreenEarth
"Define the risk OUT of your trade"--Mark Douglas
  • #14,440
  • Jan 27, 2019 6:57pm Jan 27, 2019 6:57pm
Created a Playbook for the major shorts I made in the looney.

Still looking for major shorts on higher time frames if they happen.

Good luck everyone!
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