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USD/CAD

  • #14,601
  • Mar 6, 2019 10:46am Mar 6, 2019 10:46am
first short order touch .... how far it go up ... i will add sell order from now
  • #14,602
  • Mar 7, 2019 1:48am Mar 7, 2019 1:48am
USDCAD buy opportunity

The pair is expected to reach December month highs around 1.36 following the bullish inverse head and shoulder reversal pattern on the daily chart. The prices pushed above the neckline and confirmed for further upside momentum.
Take Profits and Stop Loss are mention on below chart.
Happy Trading..!!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture1.PNG Size: 98 KB
  • #14,603
  • Mar 7, 2019 3:25am Mar 7, 2019 3:25am
some R here at 1.3445, short against it, seems to be holding....but its counter.....first support at 1.3375 from what I see....
Look Sharp/Trade Tight
  • #14,604
  • Mar 7, 2019 7:17am Mar 7, 2019 7:17am
Quoting PayTheLimit
some R here at 1.3445, short against it, seems to be holding....but its counter.....first support at 1.3375 from what I see....
1.3375 is better spot to buy ,,,,, price right here is so complicated i think ....
  • #14,605
  • Mar 8, 2019 1:17am Mar 8, 2019 1:17am
Quoting FloatingCha
{quote} 1.3375 is better spot to buy ,,,,, price right here is so complicated i think ....
indeed, but no pullback, strong sucker this week....
Look Sharp/Trade Tight
  • #14,606
  • Mar 8, 2019 2:12am Mar 8, 2019 2:12am
Don't forget major cad and us news in 5 hours.
The Trend Is Your Friend
  • #14,607
  • Mar 8, 2019 4:46am Mar 8, 2019 4:46am
The Cad forecast is more conservative than the dollar and with price at a rather extreme level for the daily chart if the US numbers do not deliver on expectations, then price will probably fall back to the week's open. And that could set up another run testing the long-term support. These big news days are always fun to watch. Cheers
Yeoman the "Tough Luck" Trader =p
  • #14,608
  • Mar 8, 2019 4:46am Mar 8, 2019 4:46am
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Yeoman the "Tough Luck" Trader =p
  • #14,609
  • Mar 8, 2019 5:37am Mar 8, 2019 5:37am
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  • #14,610
  • Mar 8, 2019 1:05pm Mar 8, 2019 1:05pm
Yes, with strong numbers across the board to close the week, we're probably looking at price ranging between the 20 MA and the u2 Bollinger for the rest of the month....or till something changes on the fundamental side.
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Yeoman the "Tough Luck" Trader =p
  • #14,611
  • Mar 12, 2019 9:02am Mar 12, 2019 9:02am
Quoting PayTheLimit
....first support at 1.3375 from what I see....
bought some here, risk 30
Look Sharp/Trade Tight
  • #14,612
  • Mar 12, 2019 10:05am Mar 12, 2019 10:05am
This could go a long way down. Hopefully I survive the pullback
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  • #14,613
  • Mar 12, 2019 4:56pm Mar 12, 2019 4:56pm
Quoting BestofLuck
This could go a long way down. Hopefully I survive the pullback {image}
Survived for now depending on your TP.
I'll be adding a bit more on the pull backs.
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Yeoman the "Tough Luck" Trader =p
  • #14,614
  • Mar 12, 2019 9:59pm Mar 12, 2019 9:59pm
1.3350 seems to be holding, perhaps this isn't heading down but just a pullback?
  • #14,615
  • Mar 13, 2019 3:30am Mar 13, 2019 3:30am
Quoting PayTheLimit
{quote} bought some here, risk 30
out at 1.3360, will look elsewhere...
Look Sharp/Trade Tight
  • #14,616
  • Mar 13, 2019 5:02am Mar 13, 2019 5:02am
still think we bounce here, head back to 1.3400/10....
Look Sharp/Trade Tight
  • #14,617
  • Mar 13, 2019 5:10am Mar 13, 2019 5:10am
Expecting 1.321xx
Markets are Irrational
  • #14,618
  • Mar 13, 2019 8:29am Mar 13, 2019 8:29am
Quoting Yeoman
{quote} Survived for now depending on your TP. I'll be adding a bit more on the pull backs. {image}
It's setting up nicely isn't it? If we get a break of 1.33500 we will see 1.33000.
  • #14,619
  • Mar 13, 2019 10:54am Mar 13, 2019 10:54am
Quoting BestofLuck
{quote} It's setting up nicely isn't it? If we get a break of 1.33500 we will see 1.33000.
Looks like it with more weak numbers for the dollar. I'm also targeting 33 which is the weekly 20ma. Considering starting to build a long position from there down to the long-term support.
Cheers.
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Yeoman the "Tough Luck" Trader =p
  • #14,620
  • Mar 13, 2019 3:43pm Mar 13, 2019 3:43pm
long 1.3300 TP 1.3500 SL 1.3170
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