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USD/CAD

  • #2,361
  • Apr 8, 2012 6:27pm Apr 8, 2012 6:27pm
I just missed that major 40 pip miove
New voice message: Why are you calling me? If I need you, I'll call you!
  • #2,362
  • Apr 8, 2012 6:57pm Apr 8, 2012 6:57pm
Chinese CPI in an hour and a half, all chinese data moves AUD and CAD ALOT SO BE READY BOYS!!!!!
  • #2,363
  • Apr 8, 2012 6:59pm Apr 8, 2012 6:59pm
correction CPI ANDDDDDD PPI, double doozey
  • #2,364
  • Apr 9, 2012 10:56am Apr 9, 2012 10:56am
I wonder if I should go short now but I'll think about it.
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  • #2,365
  • Apr 9, 2012 10:57am Apr 9, 2012 10:57am
Quoting KillerWhale
I wonder if I should go short now but I'll think about it.
4 hour close in 3 minutes does let me believe we have a false break-out attempt
New voice message: Why are you calling me? If I need you, I'll call you!
  • #2,366
  • Apr 9, 2012 10:59am Apr 9, 2012 10:59am
This pair seems to be the best value for anyone looking to long USD, oil looking weak and could fall to $95, we will see. trade well
  • #2,367
  • Apr 9, 2012 10:59am Apr 9, 2012 10:59am
Quoting KillerWhale
4 hour close in 3 minutes does let me believe we have a false break-out attempt
4 hour chart
Attached Image (click to enlarge)
Click to Enlarge Name: uc 4 hr 04-09.gif Size: 48 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #2,368
  • Apr 9, 2012 2:34pm Apr 9, 2012 2:34pm
Here is my chart
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 28 KB
  • #2,369
  • Apr 10, 2012 5:07am Apr 10, 2012 5:07am
Not sure what to do with UCAD at the moment, so I'll stay out.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #2,370
  • Apr 10, 2012 5:26am Apr 10, 2012 5:26am
Could this be a good short entry?
  • #2,371
  • Apr 10, 2012 5:59am Apr 10, 2012 5:59am
My new 4h chart here.

My opinion is same as KillerWhale wrote, I don't have idea for this pair at the moment. It will be better to stay out till we won't see any interesting oportuninty to go short or long.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 28 KB
  • #2,372
  • Apr 10, 2012 9:12am Apr 10, 2012 9:12am
And it went above mu upper blue trend line... at the moment @ 1,0014
  • #2,373
  • Apr 10, 2012 9:19am Apr 10, 2012 9:19am
Huge rise @ 1,0034, somebody consider sell?


Edit:

Sell @ 1,0036
  • #2,374
  • Apr 10, 2012 9:43am Apr 10, 2012 9:43am
Quoting Tomoney
Sell @ 1,0036
Closed @ 1,0026 taking +10 easy green pips
  • #2,375
  • Apr 10, 2012 10:55am Apr 10, 2012 10:55am
Cad seems strong why sell ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4h cad.png Size: 28 KB
Click to Enlarge Name: 4h cad 1.png Size: 21 KB
"Millionaires don't use astrology, billionaires do"
  • #2,376
  • Apr 10, 2012 11:42am Apr 10, 2012 11:42am
I don't really feel like changing my orders bc I cannot hedge... so.. I'll throw a guess out - Sell @ 1.003 and take profit at lets say... .9965. I wager 5 bananas.
  • #2,377
  • Apr 10, 2012 11:55am Apr 10, 2012 11:55am
Short @ 1,0031
  • #2,378
  • Apr 10, 2012 12:34pm Apr 10, 2012 12:34pm
Hi guys,
why short this pair? Broke parity with power today, broke 1H TL, broke H4 trendline with a close above also.
My bias is we will go up to 1.0060/70 then some pullback to 1.001x and then more up.

Just curious to hear your reason on short this one.

greets
  • #2,379
  • Apr 10, 2012 12:58pm Apr 10, 2012 12:58pm
Quoting iak_fx
Hi guys,
why short this pair? Broke parity with power today, broke 1H TL, broke H4 trendline with a close above also.
My bias is we will go up to 1.0060/70 then some pullback to 1.001x and then more up.

Just curious to hear your reason on short this one.

greets
Gonna go with my gut on this one USD is going to flop again imo.
  • #2,380
  • Apr 10, 2012 2:03pm Apr 10, 2012 2:03pm
go with your gut isn't a reason right?
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