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USDCAD trend reversal?

  • #921
  • Jun 20, 2007 8:58am Jun 20, 2007 8:58am
Quoting bravado
from sweden?

yeap..

correction, thats between 11-12kronas right now.
  • #922
  • Jun 20, 2007 9:20am Jun 20, 2007 9:20am
Guys I've been reading your discussion and and I find it very amusing .

Anyway back to USD/CAD - it's not a market I'd go short right now. Better wait and sell at any significant fib retracement or on the break of the support trendline on the bear flag. Otherwise if the pair can close above the resistance downtrendline which for today stands at around 1.07 that can be seen as confirmation for a long signal and if you're short then I don't think you'd be in a good shape. But that just me
Attached Image
  • #923
  • Jun 20, 2007 9:27am Jun 20, 2007 9:27am
Short if this 1H candle closses below 1.0650
  • #924
  • Jun 20, 2007 9:38am Jun 20, 2007 9:38am
Quoting JimboFX
..But that just me
nice chart.

i was thinking the same thing. that some decisive action will be shown by the end of this week as your chart shows. if not--it may by next week.
BAM BAM BOOM! -bravado
  • #925
  • Jun 20, 2007 9:50am Jun 20, 2007 9:50am
excellent point jimbofx.

the thing is, ive been up all night tryin to get in synch with gmt+2, im currently on something more like new york time. in other words, today is not going down in history as my greatest..
  • #926
  • Jun 20, 2007 10:00am Jun 20, 2007 10:00am
Short signal in place completely.
Cheers and happy trading to you all.
  • #927
  • Jun 20, 2007 10:13am Jun 20, 2007 10:13am
Quoting cesarnc
09:20USD/CAD went bid a few minutes ago on comments from Ontario Parliament MP Sorbara that the strong CAD was hurting manufacturers. The pop higher ran into intermediate channel resistance at 1.0685/90, which blocks a test of key overall downchannel resistance which now comes in at 1.0710/15. Subsequent comments from Fin Min Flaherty were hawkish and CAD supportive, suggesting the possibility of a drop back to 1.0640/50 at the minimum. Bear flag consolidation support comes in below at 1.0610/20.
Strong cad is hurting the economy here, Tourism is at the lowest I have ever seen it, Flaherty and Dodge have no Idea what there doing......
  • #928
  • Jun 20, 2007 10:25am Jun 20, 2007 10:25am
this fight isn't over yet.
BAM BAM BOOM! -bravado
  • #929
  • Jun 20, 2007 10:43am Jun 20, 2007 10:43am
Just Buy USDCAD and hold it until it turns positive. LOL
  • #930
  • Jun 20, 2007 11:29am Jun 20, 2007 11:29am
Usd/ Cad
--------------------------
There appears to be so much support -.....

/////////////////////////////////////////////////////

Looking for 0610 to hold as support !............
Attached Image (click to enlarge)
Click to Enlarge Name: CAD-6-20-2007-#1.jpg Size: 60 KB
  • #931
  • Jun 20, 2007 12:55pm Jun 20, 2007 12:55pm
Quoting marketwavez
Usd/ Cad
--------------------------
There appears to be so much support -.....

/////////////////////////////////////////////////////

Looking for 0610 to hold as support !............
i like your chart a lot $$$.
BAM BAM BOOM! -bravado
  • #932
  • Jun 20, 2007 1:27pm Jun 20, 2007 1:27pm
Quoting bravado
i like your chart a lot $$$.
I call it wishful thinking ... :
always expect the unexpected!
  • #933
  • Jun 20, 2007 2:08pm Jun 20, 2007 2:08pm
Usd/Cad

Here is another view ...............

Breaking this 618% line could
make make you have a change of heart !............

------------------------------------------------------------
ok ..... Time to wait and let's see //////////
Attached Image (click to enlarge)
Click to Enlarge Name: CAD-6-20-2007-#2.jpg Size: 73 KB
  • #934
  • Jun 20, 2007 2:19pm Jun 20, 2007 2:19pm
Quoting tiku
I call it wishful thinking ... :
i'm wishing hard then.
BAM BAM BOOM! -bravado
  • #935
  • Jun 20, 2007 2:20pm Jun 20, 2007 2:20pm
Quoting marketwavez
Usd/Cad

Here is another view ...............

Breaking this 618% line could
make make you have a change of heart !............

------------------------------------------------------------
ok ..... Time to wait and let's see //////////
yes yess. keep the hope alive. more charts that show north is the way.
BAM BAM BOOM! -bravado
  • #936
  • Jun 20, 2007 2:20pm Jun 20, 2007 2:20pm
Usd/Cad

Here is another view ...............
Attached Image (click to enlarge)
Click to Enlarge Name: CAD-6-20-2007-#3.jpg Size: 61 KB
  • #937
  • Edited 2:45pm Jun 20, 2007 2:24pm | Edited 2:45pm
http://msnbcmedia.msn.com/j/msnbc/Co...d_7p.widec.jpg

single hit, first base loaded. bulls!
BAM BAM BOOM! -bravado
  • #938
  • Jun 20, 2007 2:36pm Jun 20, 2007 2:36pm
Bravado we can't read your above post

What's it saying ?

Please repost .....
  • #939
  • Jun 21, 2007 3:44am Jun 21, 2007 3:44am
Hourly H&S?
Looks likely the trend continuing down?
  • #940
  • Jun 21, 2007 5:09am Jun 21, 2007 5:09am
Quoting jest1081
Hourly H&S?
Looks likely the trend continuing down?
Can you post a chart ? ...

so we can all see ..........
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