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  • #15,221
  • Aug 28, 2019 10:37am Aug 28, 2019 10:37am
Quoting Ziko9o8
{quote} - That's a long shot, I bought at 1.3290 {quote} - But this is the fourth week without any new high. {quote} - Definitely, time will tell.
Oh boy.. UC is one crazy pair.. A lot can happen in a blink
But your longs could do really well .. I will just wait for the area I have interest in and if it comes, I take it and if it doesn't, I chill

Time is great
  • #15,222
  • Aug 28, 2019 10:38am Aug 28, 2019 10:38am
Quoting Ziko9o8
{quote} - That's a long shot, I bought at 1.3290 {quote} - But this is the fourth week without any new high. {quote} - Definitely, time will tell.
someone said you cant time the market..usdcad had nice 4 weeks from end of April - end of may, nice range was, need to be careful with breakouts
  • #15,223
  • Aug 28, 2019 10:43am Aug 28, 2019 10:43am
Quoting JayBag
{quote} Oh boy.. UC is one crazy pair.. A lot can happen in a blink But your longs could do really well .. I will just wait for the area I have interest in and if it comes, I take it and if it doesn't, I chill Time is great
really nice overcrowded area, i hope it will be my future just to trade like this,just need patience and more pairs to monitor..
  • #15,224
  • Aug 28, 2019 11:45am Aug 28, 2019 11:45am
August is the lowest vola month for FX trading. Just cause UCAD didn't make a new high in 4 weeks in August don't mean it ain't going
to break the recent range in September.

In fact almost 99% guaranteed that a big move is coming 1st week of September.
  • #15,225
  • Aug 28, 2019 11:52pm Aug 28, 2019 11:52pm
just OP [email protected] [email protected] (35PIPS) , [email protected](60PIPS)
this is contrarian trading, if hit 1.3350, must close sell order , and OP Buy

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also, i don't think oil will strong up continue
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  • #15,226
  • Aug 29, 2019 8:09am Aug 29, 2019 8:09am
Quoting OhComeOn
In a Short from Weekly PP 1.32914
Closed short at 1.3279. Going to focus on my other pairs today.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #15,227
  • Aug 29, 2019 9:24pm Aug 29, 2019 9:24pm
The USDCAD keeps oscillating around the 1.3300 level without taking a clear direction, but the trend is still bullish coming into the consolidation. The 1.3343 level could act as resistance for the pair.
  • #15,228
  • Aug 29, 2019 9:50pm Aug 29, 2019 9:50pm
Quoting trademark
The USDCAD keeps oscillating around the 1.3300 level without taking a clear direction, but the trend is still bullish coming into the consolidation. The 1.3343 level could act as resistance for the pair.
It’s stale at best. Been patiently waiting for a move in any direction at this point- just do something.
  • #15,229
  • Aug 29, 2019 10:53pm Aug 29, 2019 10:53pm
hello guys, I'm a completely new at forex and i drew this trend below. I think its going to drop 4000 points in about a month and half. What do you guys think or maybe Im just crazy.
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  • #15,230
  • Edited Aug 30, 2019 12:30am Aug 29, 2019 11:55pm | Edited Aug 30, 2019 12:30am
Quoting Baabeeland
hello guys, I'm a completely new at forex and i drew this trend below. I think its going to drop 4000 points in about a month and half. What do you guys think or maybe Im just crazy. {image}
Hi there, in order for you to learn FX fast you should only trade with real money and never use a demo account.

- Now with real money you'll learn fast because when you lose you're going to take FX seriously and learn fast .

- I advise you to trade only mini lots (e.g. 0.01 lot) and don't fund your account more than $100-$150 cause you are going to blow so many accounts in your journey.

+ Drop 400 pips or go up 400 pips always use a stop loss.

+ Have a good weekend.
  • #15,231
  • Aug 31, 2019 1:07am Aug 31, 2019 1:07am
CAD: Next Week BoC Not Likely A Significant Mover For CAD; Short EUR/CAD Attractive - TD

TD Research discusses CAD outlook into next week's BoC policy meeting. TD sees USD/CAD around 1.3180 near-term, while likes a short EUR/CAD exposure around the meeting.

"We expect the Bank to downplay recent economic strength in the face of worsening global trade tensions. Concerns over US-China relations should also be reflected in the forward looking language, where we expect subtle dovish tweaks," TD projects.
"A steady, yet dovish, tone may not translate into a significant market-moving event for the loonie. Market expectations, valuation, and positioning help to guide our view that USDCAD should should be trading around 1.318, suggesting another hold of the 1.33 level. Ahead of next week's ECB and BoC meetings, we like holding downside exposure to EURCAD," TD adds.
  • #15,232
  • Edited 9:04am Sep 3, 2019 6:35am | Edited 9:04am
Short @ 1.3365 & TP @ 1.3333
Result out -5 pips

Now, buy limit @ 1.33695 SL 5 pips target 1.3390
Result out -5 pips

Waiting for 1.3337 - 1.3333 area to long
  • #15,233
  • Sep 4, 2019 2:04am Sep 4, 2019 2:04am
- Buy limit at 1.3290 & 1.3250

- Sell limit at 1.3390 & 1.3420

- I only have one long at 1.3250 opened till NFP
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  • #15,234
  • Sep 4, 2019 9:36am Sep 4, 2019 9:36am
Arrows placed manually on pin bars.. trading pin bars with SMA-13

Its still ranging on H1 and H4, expecting decent breakout into South..
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Meditate -> Workout -> Good Food = Good Life!
  • #15,235
  • Sep 4, 2019 11:17am Sep 4, 2019 11:17am
Long 1.3250
MY GRID. Markets are NOT random.
  • #15,236
  • Sep 4, 2019 11:29am Sep 4, 2019 11:29am
Pending long around 1.3183....
Lost....
  • #15,237
  • Sep 4, 2019 11:51am Sep 4, 2019 11:51am
Quoting gespiri
Pending long around 1.3183....
Pending Long 1.3187
MY GRID. Markets are NOT random.
  • #15,238
  • Sep 4, 2019 12:18pm Sep 4, 2019 12:18pm
#USDCAD / Weekly, Daily & H4
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  • #15,239
  • Sep 4, 2019 12:49pm Sep 4, 2019 12:49pm
Quoting Ayax.TSS
#USDCAD / Weekly, Daily & H4 {image}{image}{image}
I hope your view is accurate and that it gives us another opportunity to short. I've been holding underwater for a few weeks until today. Thought it would turn around like the last few tests of this level. Seems to be holding now so will be looking at price action on the retracements.

Good luck!
  • #15,240
  • Sep 4, 2019 1:08pm Sep 4, 2019 1:08pm
- Looking to short around 1.3240
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