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USD/CAD Trading Room

  • #401
  • Jan 26, 2011 6:30pm Jan 26, 2011 6:30pm
Quoting Ma Baker
Ur money is also great till it's in ur Pocket !

Its even better in my pocket!!

Long or short, I trade what i see.. I believe we are near the bottom, its just a matter of time now, so I will keep attempting to buy it Still holding longs from 0.9847 and 0.9901.. No rush.. they are free trades now.. either I get stopped at BE+1 and reload a bit lower or they will go on.
  • #402
  • Jan 26, 2011 6:37pm Jan 26, 2011 6:37pm
Quoting Cdawg
Its even better in my pocket!!

.. either I get stopped at BE+1 and reload a bit lower or they will go on.
Sounds like a good place to be.

  • #403
  • Jan 27, 2011 3:15am Jan 27, 2011 3:15am
Quoting Cdawg
Its even better in my pocket!!

Long or short, I trade what i see.. I believe we are near the bottom, its just a matter of time now, so I will keep attempting to buy it Still holding longs from 0.9847 and 0.9901.. No rush.. they are free trades now.. either I get stopped at BE+1 and reload a bit lower or they will go on.














Attached Image (click to enlarge)
Click to Enlarge Name: USD.CAD , Daily.gif Size: 18 KB
Put your hands in the air , Give me all your money ! !
  • #404
  • Jan 27, 2011 3:34am Jan 27, 2011 3:34am
Quoting Ma Baker
Hi Ma! Hope you are making some great pips. Thanks for the chart. What is your TP on this trade?

Thanks heaps! XO
  • #405
  • Jan 27, 2011 3:35am Jan 27, 2011 3:35am
Ma Baker, I really dont understand your posts...
I only get to see either or a along with a chart...
do you mean to say = going up or OK?
and = going down or NOT OK?
Which is which?

Its very vague!
  • #406
  • Jan 27, 2011 8:06am Jan 27, 2011 8:06am
Quoting forexstrah
Hi Ma! Hope you are making some great pips. Thanks for the chart. What is your TP on this trade?

Thanks heaps! XO













selling the pair around 1.0000 targeting 0.9815 and stop loss above 1.0115 might be appropriate.










Attached Image (click to enlarge)
Click to Enlarge Name: USD.CAD , Daily.gif Size: 18 KB
Put your hands in the air , Give me all your money ! !
  • #407
  • Jan 27, 2011 8:11am Jan 27, 2011 8:11am
Quoting BurgerKing
Ma Baker, I really dont understand your posts...

do you mean to say = going up or OK?
and = going down or NOT OK?
Which is which?

Its very vague!














What Did u expect !?


Don't Think twice !


It's alright !





Ma


Put your hands in the air , Give me all your money ! !
  • #408
  • Jan 28, 2011 4:05am Jan 28, 2011 4:05am
Attached Image (click to enlarge)
Click to Enlarge Name: USD.CAD , Daily.gif Size: 20 KB
Put your hands in the air , Give me all your money ! !
  • #409
  • Jan 28, 2011 3:51pm Jan 28, 2011 3:51pm
Quoting Ma Baker
Nice rounded bottom forming, and price is approaching the long term trend line started in March 09.

Price was unable to reach last weeks lows, actually a pretty quiet week bouncing from 0.9930 to 1.0000.

Close above parity today could signal a retrace is finally enroute.. Minor resistance 1.0020, 1.0075, 1.0160 to 1.0220..

Have a great weekend.. oh and yes I'm still long
Attached Image (click to enlarge)
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  • #410
  • Feb 3, 2011 7:04pm Feb 3, 2011 7:04pm
Can someone tell my why the big spike at approx 6pm central ?
  • #411
  • Feb 4, 2011 8:37pm Feb 4, 2011 8:37pm
Quoting Cdawg
Nice rounded bottom forming, and price is approaching the long term trend line started in March 09.

Price was unable to reach last weeks lows, actually a pretty quiet week bouncing from 0.9930 to 1.0000.

Close above parity today could signal a retrace is finally enroute.. Minor resistance 1.0020, 1.0075, 1.0160 to 1.0220..

Have a great weekend.. oh and yes I'm still long
I think it is still bound for south.
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  • #412
  • Feb 11, 2011 4:54pm Feb 11, 2011 4:54pm
U/C analysis updated Feb 11,2011.
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  • #413
  • Feb 17, 2011 1:16am Feb 17, 2011 1:16am
Morning to all...

What do you think about this level here people?

I see a very nice level to buy this mofo. A nest of buyers here for the last 6 weeks. Little worried about CAD strenght overall. But USD also showing me some good gains across the board. Will try to see some confirmation here and review some opinions here.
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  • #414
  • Feb 21, 2011 7:17am Feb 21, 2011 7:17am
Very strong pressure downwards from CAD army there. Hm, do not really see this resistance at 0,9820 will hold this players there. Wont trade "buy" this pair untill something happens. Next level to see some TPs is on 0,9760. Maybe some resistance there.

Personally will try to short this beuty on a retracement in the coming weeks.

My 2 cents for the peoplee

  • #415
  • Feb 26, 2011 1:33pm Feb 26, 2011 1:33pm
Quoting 21vs7
Very strong pressure downwards from CAD army there. Hm, do not really see this resistance at 0,9820 will hold this players there. Wont trade "buy" this pair untill something happens. Next level to see some TPs is on 0,9760. Maybe some resistance there.

Personally will try to short this beuty on a retracement in the coming weeks.

My 2 cents for the peoplee

To short is risky now, considering the recent economic situation is somewhat similar to that before the 2008 crisis.
  • #416
  • Edited 12:52pm Feb 28, 2011 10:37am | Edited 12:52pm
Bullish Butterfly
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  • #417
  • Mar 1, 2011 1:22am Mar 1, 2011 1:22am
Quoting z3r0
Bullish Butterfly
have same support level 9700
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  • #418
  • Mar 1, 2011 9:10am Mar 1, 2011 9:10am
awesome rejection so far
  • #419
  • Mar 3, 2011 1:08am Mar 3, 2011 1:08am
Very slim market so far...traders with short idea still selling on a retrace. USD weakness still on schedule. I see downward pressure at the moment.

I also see some selling on CAD crosses, but we will see what will happen this end of the week.

Resistance at 0,9770ish...if it breakes, will run up to 0,9870. I expect to test 0,97 at least one more time.
  • #420
  • Mar 3, 2011 8:38am Mar 3, 2011 8:38am
Is anyone going long on this pair,the US numbers seem promising so far,even usd/chf bounced a good bit after yesterdays lows,any ideas ?
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