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USD/CAD

  • #14,581
  • Mar 1, 2019 7:51am Mar 1, 2019 7:51am
sell zone ?
Attached Image (click to enlarge)
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yes yes yes
  • #14,582
  • Mar 1, 2019 7:51am Mar 1, 2019 7:51am
Quoting fxLoveLots
{quote} Amazing . If I didn't know better I'd say you are a Market Maker. In a way you are, you know their tricks.
I would be if i had billions at hand to do what i wanted with.. then we'd have a real "pump and dump" going on
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #14,583
  • Mar 1, 2019 7:53am Mar 1, 2019 7:53am
Quoting Yeoman
{quote} So a month has gone by and not much has changed. Still riding the 20 ma down but never got the break of year and a half long bullish channel. I really thought the February candle was going to break it hard so I have been selling the peaks down to this point. I'm still cautiously bearish only if we see price break this channel. {image} {image}
Holy Mother of God, how do you find your way around that mine field?
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #14,584
  • Mar 1, 2019 8:07am Mar 1, 2019 8:07am
My guess today is because the SNC lavalin affair is finally breaking internationally.
  • #14,585
  • Mar 1, 2019 8:38am Mar 1, 2019 8:38am
Quoting FXCyborg
{quote} heehe, trying to shout at it, might not help, I've tried doing that before lol Try this and start looking for buys {image}
how did you predict this sir ?
  • #14,586
  • Mar 1, 2019 8:45am Mar 1, 2019 8:45am
Quoting vickytej2301
{quote} how did you predict this sir ?
Basic fundamentals of technical analysis
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #14,587
  • Mar 1, 2019 3:07pm Mar 1, 2019 3:07pm
Quoting FXCyborg
{quote} Holy Mother of God, how do you find your way around that mine field?
= ) It's not easy being me!
Yeoman the "Tough Luck" Trader =p
  • #14,588
  • Mar 2, 2019 6:42am Mar 2, 2019 6:42am
Quoting Davidbc
{quote} 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.
Quoting Davidbc
The downtrend channel on the weekly chart was broken, then we went down very rapidly and not surprisingly we are currently bouncing on what used to be a resistance (now support). As long as we are out and above the downtrend channel I'll keep my long aiming for +1.38
Still holding that long, now back in profit. TP remains the same +1.38.
  • #14,589
  • Mar 3, 2019 4:37am Mar 3, 2019 4:37am
punch back.short????
  • #14,590
  • Mar 4, 2019 11:08pm Mar 4, 2019 11:08pm
long position now
  • #14,591
  • Mar 5, 2019 12:40am Mar 5, 2019 12:40am
short?
  • #14,592
  • Mar 5, 2019 6:03am Mar 5, 2019 6:03am
Currently holding
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  • #14,593
  • Mar 5, 2019 7:34am Mar 5, 2019 7:34am
Quoting MrPresident
Might go higher today if the GDP data is good I would like to buy but the stop loss probably has to be under 1.30
1.34 and maybe 1.35 is possible this week if the BOC is dovish and USD data/news is positive
Don't Worry Be Happy
  • #14,594
  • Mar 5, 2019 8:06am Mar 5, 2019 8:06am
Quoting Davidbc
{quote} {quote} Still holding that long, now back in profit. TP remains the same +1.38.
What support line are you watching?
Carpe Diem
  • #14,595
  • Mar 5, 2019 8:09am Mar 5, 2019 8:09am
Quoting FXCyborg
{quote} Up she goes, 80+ pips up, who ever went short there, thanks for the free cash and I'm sorry.
I went short. you're not welcome
Carpe Diem
  • #14,596
  • Mar 5, 2019 3:11pm Mar 5, 2019 3:11pm
I think we've an inverted H&S.
Attached Image (click to enlarge)
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  • #14,597
  • Mar 5, 2019 4:20pm Mar 5, 2019 4:20pm
I think the market has priced in a pretty dovish BOC for tomorrow that along with the story that China were blocking Canola shipments made this pair trade higher. If hadn't been for BOC tomorrow i would add to my short at 1.3375 stops at 1.3390 but i may just have to leave that one out. I'm hoping they won;t be as dovish as maybe the market is expecting. OR MAYBE i'm just completely wrong hahah
  • #14,598
  • Mar 6, 2019 7:56am Mar 6, 2019 7:56am
Quoting allinazi
I think the market has priced in a pretty dovish BOC for tomorrow that along with the story that China were blocking Canola shipments made this pair trade higher. If hadn't been for BOC tomorrow i would add to my short at 1.3375 stops at 1.3390 but i may just have to leave that one out. I'm hoping they won;t be as dovish as maybe the market is expecting. OR MAYBE i'm just completely wrong hahah
I will sell the fact after the BOC

it might go to 1.35
Don't Worry Be Happy
  • #14,599
  • Mar 6, 2019 9:45am Mar 6, 2019 9:45am
We have almost done this move. Great!
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  • #14,600
  • Mar 6, 2019 10:34am Mar 6, 2019 10:34am
1.36 is my target, but it needs to retrace first. IF we have bad NFP, we will get it.
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