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USD/CAD

  • #16,781
  • Jun 2, 2022 8:13am Jun 2, 2022 8:13am
Get another short to USDCAD
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  • #16,782
  • Jun 2, 2022 8:42am Jun 2, 2022 8:42am
Quoting Leong
Get another short to USDCAD {image}
Nice entry, its hard to lose money shorting UC.
  • #16,783
  • Jun 2, 2022 5:53pm Jun 2, 2022 5:53pm
Quoting Anotan
{quote} Nice entry, its hard to lose money shorting UC.
Agreed bro
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  • #16,784
  • Jun 2, 2022 8:07pm Jun 2, 2022 8:07pm
Another Short….. ?
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  • #16,785
  • Jun 4, 2022 12:02pm Jun 4, 2022 12:02pm
Quoting Leong
Another Short….. ? {image}
Guess again Mochumbo!!!
  • #16,786
  • Jun 4, 2022 12:04pm Jun 4, 2022 12:04pm
Quoting Anotan
{quote} Nice entry, its hard to lose money shorting UC.
You may want to reverse that psychology!!!
  • #16,787
  • Jun 4, 2022 1:47pm Jun 4, 2022 1:47pm
usdcad is doing potential slow curve. If it gets above the Tline I am buying . Target the 50 period sma on the 4 hour chart. Nice percentage move.
  • #16,788
  • Jun 5, 2022 2:10pm Jun 5, 2022 2:10pm
After further review I may look for a short entry on a retracement back to confluence.
  • #16,789
  • Jun 6, 2022 12:28am Jun 6, 2022 12:28am
Quoting ninner
After further review I may look for a short entry on a retracement back to confluence.
I was wondering why you were eager to start buying, but seems for now you've reconsidered.

There is some strength that came in on Friday, but with UCAD in a solid down trend since May 12th and almost 600 pip drop, the pair isn't likely to turn bullish overnight. Right now is a good time to start scaling out of shorts and revisit the pair on Wednesday/Thursday to see how its reacting to Friday's PA.

You seem like you know what you're doing so this isn't necessarily geared towards you. But a really good diagram of Wyckoffian logic that I'm borrowing from this poster here.
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  • #16,790
  • Jun 6, 2022 7:18pm Jun 6, 2022 7:18pm
who else thinks USDCAD is a buy?
  • #16,791
  • Jun 9, 2022 12:55am Jun 9, 2022 12:55am
Quoting Onelovematte
who else thinks USDCAD is a buy?
I am trying a long US_CA

Reason: VSA and it's oversold atm.
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Meditate -> Workout -> Good Food = Good Life!
  • #16,792
  • Jun 9, 2022 11:13am Jun 9, 2022 11:13am
Quoting YellowFellow
{quote} I am trying a long US_CA Reason: VSA and it's oversold atm. {image}
It worked out in my favor.. I still have a few such longs here n there..
Meditate -> Workout -> Good Food = Good Life!
  • #16,793
  • Jun 9, 2022 3:24pm Jun 9, 2022 3:24pm
Quoting ForexGoose
{image}
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #16,794
  • Jun 10, 2022 5:39am Jun 10, 2022 5:39am
Quoting YellowFellow
{quote} I am trying a long US_CA Reason: VSA and it's oversold atm. {image}
and we guessed right pal. hey can we linkup.. two heads is better than one don't you think?
  • #16,795
  • Jun 10, 2022 6:31am Jun 10, 2022 6:31am
1.282 should be the next target after the CPI report and if stocks continue to sell-off heavily
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #16,796
  • Jun 10, 2022 9:34am Jun 10, 2022 9:34am
Quoting Anotan
{quote} I was wondering why you were eager to start buying, but seems for now you've reconsidered. There is some strength that came in on Friday, but with UCAD in a solid down trend since May 12th and almost 600 pip drop, the pair isn't likely to turn bullish overnight. Right now is a good time to start scaling out of shorts and revisit the pair on Wednesday/Thursday to see how its reacting to Friday's PA. You seem like you know what you're doing so this isn't necessarily geared towards you. But a really good diagram of Wyckoffian logic that I'm...
see look at usdcad...i was correct good thing i bought on that frypan bottom bo....hahahahaha
  • #16,797
  • Jun 10, 2022 9:38am Jun 10, 2022 9:38am
Quoting ForexGoose
1.282 should be the next target after the CPI report and if stocks continue to sell-off heavily {image}
after 1.282, i think the next target will be 1.295
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #16,798
  • Jun 11, 2022 3:48am Jun 11, 2022 3:48am
The pair made a significant bullish move in the H4 chart. Keep an eye on the trendline to go long in the pair. The level of 1.30500 is very much on the card for the buyers if the price finds its support at the trendline.
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  • #16,799
  • Jun 11, 2022 8:23pm Jun 11, 2022 8:23pm
Quoting ForexGoose
{quote} after 1.282, i think the next target will be 1.295 {image}
Dont predict Goosey!!! Forex is Anarchy on steroids!!!
  • #16,800
  • Jun 12, 2022 9:38am Jun 12, 2022 9:38am
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"TIME AND PRICE IS ALL THERE IS"
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