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USD/CAD

  • #15,841
  • Dec 9, 2020 9:06am Dec 9, 2020 9:06am
did you hear "timber"?
In tea leaves we trust!
  • #15,842
  • Dec 9, 2020 10:07am Dec 9, 2020 10:07am
Quoting Mcbeaners
did you hear "timber"?
hmm did i call the bottom?

looks like shorts closed on that head fake spike down. not a happy bunny now.
In tea leaves we trust!
  • #15,843
  • Dec 9, 2020 9:17pm Dec 9, 2020 9:17pm
CURRENT TRADES : Currently still holding short for USDCAD, upside seen for our friend USD earlier today due to stock market falling with the bipartisan plan not moving forward today. I am still expecting further dollar weakness but if we still get negative comments regarding the covid relief bill or if FDA does not approve vaccine we could see a bullish USD. I am holding this AUD trade for much longer as I expect RBA to protect the 3 year yield curve. As well as BOC keeping rates the same and oil demand on its way CAD is a good buy. Could be wrong but further development awaits us.
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Master your mind. Master Trading.
  • #15,844
  • Dec 10, 2020 7:06am Dec 10, 2020 7:06am
Quoting KareemAliFx
CURRENT TRADES : Currently still holding short for USDCAD, upside seen for our friend USD earlier today due to stock market falling with the bipartisan plan not moving forward today. I am still expecting further dollar weakness but if we still get negative comments regarding the covid relief bill or if FDA does not approve vaccine we could see a bullish USD. I am holding this AUD trade for much longer as I expect RBA to protect the 3 year yield curve. As well as BOC keeping rates the same and oil demand on its way CAD is a good buy. Could be wrong...
well played. i seem to be changing traffic lanes at exactly the wrong time.
In tea leaves we trust!
  • #15,845
  • Dec 10, 2020 8:22am Dec 10, 2020 8:22am
Quoting Vincent1
{quote} To add confluence, for who loves Harmonic Patterns, there is a nice Crab in the area too {image} {image}
We are in the zone, many bulls already in play
Let's see how it reacts at US markets open and how the Daily candle closes
Attached Image (click to enlarge)
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  • #15,846
  • Dec 10, 2020 9:35am Dec 10, 2020 9:35am
It must go up now
make some money, have some fun, leave some footprints
  • #15,847
  • Dec 10, 2020 1:06pm Dec 10, 2020 1:06pm
Quoting boostrade
It must go up now
I also think a retracement at least up for 200 pips or so is good possible
  • #15,848
  • Dec 10, 2020 5:28pm Dec 10, 2020 5:28pm
Quoting KareemAliFx
CURRENT TRADES : Currently still holding short for USDCAD, upside seen for our friend USD earlier today due to stock market falling with the bipartisan plan not moving forward today. I am still expecting further dollar weakness but if we still get negative comments regarding the covid relief bill or if FDA does not approve vaccine we could see a bullish USD. I am holding this AUD trade for much longer as I expect RBA to protect the 3 year yield curve. As well as BOC keeping rates the same and oil demand on its way CAD is a good buy. Could be wrong...
CLOSED USD/CAD short at 1.27481 a good 102 pips
Master your mind. Master Trading.
  • #15,849
  • Edited Dec 15, 2020 9:06am Dec 14, 2020 11:35pm | Edited Dec 15, 2020 9:06am
GOOD MORNING EVERY BODY
according to paradox system daily plan
Daily
ROMAR resistance
EMA resistance
pasr resistance
check list
last ema arrow red down
last macd , down
DB/SAR both are bottam at 0 fibo
b/b upper band inside fibo
fibo green
notes daily complete down trend both db/sar at 0 fibo wih both divergence which hold support last 3 dayes open candle above white smooth resistance but not hold market
4hr
Romar resistance but out of trading area
Ema resistance
PSAR support
check list
DB/SAR db bottam 1.27054 sar top 1.27884 next coonection of db should be top
b/b upper band resistance
fibo green
notes 4hr consolidation market db at bottam it should be up
2HR
ROMAR resistance
EMA supoort
PSAR suport
check list
ema arrow green up
macd up
DB/sar top at 1.27884
b/b flat
fibo green

notes 2hr consolidation market romar resistance which hold resistance db also top old resistance ema and psar support which also hold support 3 chart fibo green

entry should be support at bottm resistance at top
my entry buy if market open at psar with sar
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  • #15,850
  • Dec 15, 2020 5:52pm Dec 15, 2020 5:52pm
Quoting Bsverma
GOOD MORNING EVERY BODY according to paradox system daily plan Daily ROMAR resistance EMA resistance pasr resistance check list last ema arrow red down last macd , down DB/SAR both are bottam at 0 fibo b/b upper band inside fibo fibo green notes daily complete down trend both db/sar at 0 fibo wih both divergence which hold support last 3 dayes open candle above white smooth resistance but not hold market 4hr Romar resistance but out of trading area Ema resistance PSAR support check list DB/SAR db bottam 1.27054 sar top 1.27884 next coonection of...


Good morning every body
i lost this trade because i against the trend and broke paradox rule so i lost

evaluation - my mistake i am against the romar trande
i should be sell
  • #15,851
  • Dec 16, 2020 8:09pm Dec 16, 2020 8:09pm
Goodmoring every body

i will go here sell according to paradox system rule daily down trend 4 hr db top with romar resistance 2 hr db top with romar resistance white cross purple next smooth slide under purple opening candle below ema
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  • #15,852
  • Dec 16, 2020 9:22pm Dec 16, 2020 9:22pm
Quoting Bsverma
Goodmoring every body i will go here sell according to paradox system rule daily down trend 4 hr db top with romar resistance 2 hr db top with romar resistance white cross purple next smooth slide under purple opening candle below ema{image}
Low rates for 2 more years but on the CAD side they are also sticking with .25%. 1.25 and this should reverse.
Be humble or be humbled.
  • #15,853
  • Dec 17, 2020 3:20am Dec 17, 2020 3:20am
Quoting Bsverma
Goodmoring every body i will go here sell according to paradox system rule daily down trend 4 hr db top with romar resistance 2 hr db top with romar resistance white cross purple next smooth slide under purple opening candle below ema{image}

my target near by heat because i faith paradox system never wrong me be i am wrong
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  • #15,854
  • Edited 6:57pm Dec 17, 2020 7:08am | Edited 6:57pm
Good evening every body

I will go buy when 2 hr candle open above white because daily fibo green at 0% 4 hr bottom with db at bottom next db should be top also 2 hr db at bottom next should be top market ranging
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  • #15,855
  • Dec 17, 2020 8:30am Dec 17, 2020 8:30am
Quoting Bsverma
Good evening every body I will go buy when 2 hr candle open above white because daily fibo green at 0% 4 hr bottom with db at bottom next db should be top also 2 hr db at bottom next should be top market ranging
If you don't mind me asking you a question about Paradox, I honestly don't know much lot about it.

The thread creator only released the .ex4 files which means that you don't have access to the code used for the indicators and to my understanding most of those indicators are custom.

What happens if/when MT4 is ever discontinued or a release comes a long and some of the indicators suddenly stop working? Would you have to stop trading or is the thread creator going to give you away to replicate this system on other trading platforms?

As far as USDCAD, the commodity pairs are in an unusually aggressive trend and yesterday looking at the FOMC PA on all of the USD crosses USD was dumped pretty hard, I wouldn't take any longs until you can clearly see on a daily/weekly time frames that this trend is done and well into a consolidation phase. Right now price is stalling because of traders trying to buy hoping that price creates a double bottom from Dec 15th low which is unnecessarily risky at this point.

If you absolutely must take any longs on USD, I'd do it with a severely reduced position size. Also its the holidays which means reduced trading volume which makes it easier for price to be artificially moved.
  • #15,856
  • Dec 17, 2020 12:25pm Dec 17, 2020 12:25pm
This pair will explode
  • #15,857
  • Dec 18, 2020 7:32am Dec 18, 2020 7:32am
Up or down you mean?
  • #15,858
  • Dec 18, 2020 10:01am Dec 18, 2020 10:01am
Quoting Bsverma
Good evening every body I will go buy when 2 hr candle open above white because daily fibo green at 0% 4 hr bottom with db at bottom next db should be top also 2 hr db at bottom next should be top market ranging{image}
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  • #15,859
  • Dec 18, 2020 1:20pm Dec 18, 2020 1:20pm
Very close to breaking through resistance:
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If you're gonna be a bear, be a grizzly
  • #15,860
  • Dec 18, 2020 4:11pm Dec 18, 2020 4:11pm
Quoting Anotan
{quote} If you don't mind me asking you a question about Paradox, I honestly don't know much lot about it. The thread creator only released the .ex4 files which means that you don't have access to the code used for the indicators and to my understanding most of those indicators are custom. What happens if/when MT4 is ever discontinued or a release comes a long and some of the indicators suddenly stop working? Would you have to stop trading or is the thread creator going to give you away to replicate this system on other trading platforms? As far...
namskar ji

you ask question also asked other people that type question in thread dove alliance given him answer
may be you right usd cad for sale my faith paradox system if i taken trade according to rule than not lost 80% success some time my side mistake than i lost that trade
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