Doubt the Chinese will shift from USD to CAD.
I have just added SHORT @ 1.0709
Again based on strategy being tested.
I have just added SHORT @ 1.0709
Again based on strategy being tested.
USD/JPY Trading Room 34 replies
GBP CAD room FOR Specialist 5 replies
EUR/USD Trading Room 328 replies
Do The Trading Room 20 replies
CAD export / USD/CAD price 3 replies
Dislikedlooks like there is a retest of a long term trendline wich is looking good for a short. The loonie is strong these days I mean very strong . Take a look at this chart on different time frames, price is has a lot of respect for this trendline.Ignored
DislikedHello
Based on strategy being tested.
If price does not go above 1.0472 today then SHORT for tomorrow.
On a side note:
Why do newbies trade EUR/USD, GBP/USD is beyond me.
These pairs can wipe out your account and more than anything else they are not easy to read.
On the other hand USD/CAD is one of the low volatility pair and perfect for learning as well as making easier money with lower risk. I love USD/CAD
If someone would like to talk more about this pair please leave me a PM and we can set-up something.Ignored
DislikedI respect your opinion; but what worked in hindsight might not hold up this month.
Have you backtested your theory?Ignored