Lets talk USDCAD | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/CAD

Similar Threads

You talk the talk I walk the talk 8 replies

Lets Talk GBP/JPY "the geppy" 156 replies

Lets talk about Capitalization 25 replies

Lets Talk Support and Resistance 13 replies

Attachments: Lets talk USDCAD
Exit Attachments

Lets talk USDCAD

  • #281
  • May 28, 2008 1:38pm May 28, 2008 1:38pm
hey man
i hope u closed ur longs or hedged at 9915

all the best
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #282
  • Jun 3, 2008 10:25am Jun 3, 2008 10:25am
Cad coming back into play looking for a sell at the close of the four hour candle. Candle closes at 9 am pst. it is 8:24 am right now. High was 1.0081 its at 1.0071 right now.
  • #283
  • Jun 3, 2008 10:32am Jun 3, 2008 10:32am
for scalping or long term sell
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #284
  • Jun 3, 2008 10:51am Jun 3, 2008 10:51am
at least a move down to 1.0000 again then moniter it when it gets there.
  • #285
  • Jun 3, 2008 11:03am Jun 3, 2008 11:03am
Quoting steelhead
at least a move down to 1.0000 again then moniter it when it gets there.
not bad t/p
but im afraid this might be the dollar turn everybody's waiting for
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #286
  • Jun 3, 2008 11:07am Jun 3, 2008 11:07am
It didnt close on four hour where i wanted it too. So I am not in. Several trades looking promising today.
  • #287
  • Jun 3, 2008 11:14am Jun 3, 2008 11:14am
Quoting steelhead
It didnt close on four hour where i wanted it too. So I am not in. Several trades looking promising today.
i like ur way of thinking no regrets and no stubborn minds
yeah well i think im waiting till bernanke talks again tomorrow

all the best bro
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #288
  • Jun 3, 2008 4:39pm Jun 3, 2008 4:39pm
I think we'll have a great short around 1.01-1.0150. The next few candles will be key in showing us how high she wants to go before correcting.
  • #289
  • Jul 30, 2008 11:18am Jul 30, 2008 11:18am
I was surprised when I found NO active threads about trading USD/CAD pair. I hope this one won't be forgotten in some days...
  • #290
  • Jul 30, 2008 11:25am Jul 30, 2008 11:25am
Thoughts on AUD/CAD?
Attached Image
  • #291
  • Jul 30, 2008 12:22pm Jul 30, 2008 12:22pm
On 4h chart there is a bearish channel with a tight price range between 1.023 and 1.03. Break DOWN is more likely
Attached Image (click to enlarge)
Click to Enlarge Name: UC 4h 30.07.jpg Size: 63 KB
  • #292
  • Jul 30, 2008 12:35pm Jul 30, 2008 12:35pm
On the other side, there is a strong support trend line, that may break in some time...

That's why I'm waiting now for a good sell opportunity, SL is 1.0306 (R2 level) + 2 pips + spread. TP is S3, 1.0135 + 2 pips + spread as well
Attached Image (click to enlarge)
Click to Enlarge Name: UC 1h 30.07.jpg Size: 60 KB
  • #293
  • Jul 30, 2008 12:40pm Jul 30, 2008 12:40pm
Quoting Tovinces
On the other side, there is a strong support trend line, that may break in some time...

That's why I'm waiting now for a good sell opportunity, SL is 1.0306 (R2 level) + 2 pips + spread. TP is S3, 1.0135 + 2 pips + spread as well


Same here.
I dream, therefore I become.
  • #294
  • Edited 1:01pm Jul 30, 2008 12:51pm | Edited 1:01pm
There might be some kind of retracement near 1.0225 zone... The market is undecisive now, the doji candle was forming on hourly chart!

Quoting mike w


Same here.
Thanks
  • #295
  • Jul 30, 2008 8:58pm Jul 30, 2008 8:58pm
I think that this currency pair is going to adopt a bearish trend. Look at the pair on a one hour chart >> two PEAKS on Weekly R1.
I am not going to be placing a trade right now; will be watching Stochastic and RSI very closely. The FIB retracement levels look good too.

But then again, this is a slow moving currency pair. It might just play around R1 for a while! My advice: place the trade with a level of caution. Look for a signal that allows a good entry for going short.
  • #296
  • Last Post: Jul 31, 2008 2:01am Jul 31, 2008 2:01am
This night there was any great movement on USDCAD. I'm afraid pair is more likely now to return to it's channel, touching 1.03.
1 trader viewing now