Question about CAD/USD. | Forex Factory

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Question about CAD/USD.

  • #1
  • First Post: Edited 10:40pm Sep 27, 2007 10:26pm | Edited 10:40pm
I do have some dicrepancies with my data on CAD/USD and have to clarify the issue. I would like to know exactly what were the lowest traded bids on this pair in March and in August of this year. I would really appreciate if someone provides me this info. TIA
Also, please, the same data for AUD/USD as well.
  • #2
  • Sep 28, 2007 12:40am Sep 28, 2007 12:40am
What is your data source and what discrepancies are you experiancing?
Same Whore .... Different Dress
  • #3
  • Sep 28, 2007 2:17am Sep 28, 2007 2:17am
Quoting johnedoe
What is your data source and what discrepancies are you experiancing?
Here is the biggest one (even leaving aside the exact numbers):
Based on "E-Signal" the August low on AUD/USD is lower than the low made in March, which means that the direction of the main move of the year is down. Based on "Reuters" information the low of the current year has been formed in March thus keeping the direction of the main move unchanged. So, what I would like to know is the fact whether the August low on AUD/USD was actually above or below the lowest bid in March.
  • #4
  • Sep 28, 2007 2:33am Sep 28, 2007 2:33am
Lowest USDCAD bids:

1.1498 March
1.0460 August

Lowest AUDUSD bids

0.7680 March
0.7673 August

My two cents: This has nothing to do with the main "trend"; a single "low" doesn't dramatically change any trend or "move of the year". Where did you get that idea?

iiivb
  • #5
  • Sep 28, 2007 2:42am Sep 28, 2007 2:42am
Quoting iiivb
Lowest USDCAD bids:
Where did you get that idea?
iiivb
I developed it. If you don't mind, of course.
Thanks for the info.
  • #6
  • Sep 28, 2007 2:43am Sep 28, 2007 2:43am
Quoting Igrok
I developed it. If you don't mind, of course.
Of course I don't mind... hope info helps!

iiivb
  • #7
  • Edited 2:59am Sep 28, 2007 2:49am | Edited 2:59am
Quoting iiivb
Of course I don't mind... hope info helps!

iiivb
It already does. Thanks for allowing me having my own ideas.
P.S. I can give a tip. Just check out the statistics and figure out how often the market changes the direction of the main move of the year, how many times a year it happens in average and what are the average annual ranges for different pairs. I hope you will find some interesting clues after making this research.
  • #8
  • Last Post: Edited 7:49am Sep 28, 2007 7:35am | Edited 7:49am
Quoting Igrok
It already does. Thanks for allowing me having my own ideas.
P.S. I can give a tip. Just check out the statistics and figure out how often the market changes the direction of the main move of the year, how many times a year it happens in average and what are the average annual ranges for different pairs. I hope you will find some interesting clues after making this research.
The sarcasm was not necessary... but... whatever...
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