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Attachments: USD/CAD
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USD/CAD

USDCAD:
My prediction is the next for USDCAD. The situation on the market for USDCAD needed to BUY and stop loss is 1.01541 and take profit 1.01740.
USDCAD:
BUY
If the price breaks through the level 1.01913 bullish movement will start. Targets of the bullish movement: 1.02288, 1.02678.
SELL
If the price breaks through the level 1.01538 bearish movement will start. Targets of the bearish movement: 1.01121, 1.00732.
USDCAD:
Today it is better to buy and take profit due to ichimoku clouds will be 1.01887 stop loss if the price would be against me 1.01569. Good luck.
USDCAD:
Due to technical analysis using ichimoku clouds and time frames H1 and D1 mo forecast for today is the next. I am going to set an order to SELL and the bearish movement to my mind will be than take profit at 1.01643 if the bullish movement start than stop loss would be at the level 1.01317.
This is what I see, we are sitting at important support level
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Trading is simple , Humans are complicated
Once in a while the market makes life easy:
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- Another Fibonacci drawing.

- Cheers.
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Wicks going to hold?
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0217 and 0244 of interest:
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+34 pips
Pending shorts at 70 80 300
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In trading, you have to be defensive and aggressive at the same time
Quoting Davit
+34 pips Pending shorts at 70 80 300 {image}
Good morning Ruben,
What settings are you using in the BBsqueese indicator? (I stumbled upon the description of a simple method based on this indicator and want to try it out).
Thanks
Quoting MidnightRun
Good morning Ruben, What settings are you using in the BBsqueese indicator? (I stumbled upon the description of a simple method based on this indicator and want to try it out). Thanks
Hi friend
I use the default setting and works on all time frames.What I like about it it shows if the trend is trending or going sideways.Most traders lose money on sideways action.When price is sideways middle dots don't light up.All lights must be on for valid trade.
Regards
In trading, you have to be defensive and aggressive at the same time
  • Post #3,593
  • Quote
  • Edited Apr 22, 2013 7:34am Apr 21, 2013 2:37pm | Edited Apr 22, 2013 7:34am
Quoting Tradedly
USDCAD... the week ahead: http://youtu.be/dW08DMf_Xmg
I agree with your outlook
I am short 260, 263,268
TP 2100 even
Will add more shorts if prices goes above.
In trading, you have to be defensive and aggressive at the same time
closed shorts+25pips
reentered at 60 2 lots
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
closed shorts+25pips reentered at 60 2 lots
Well my order got triggered at 1.026 but had seen no opportunity to close in good profit. I think I will keep it till 1.023. My chart shows a possibility around 1.022. Correct me if I am wrong!
Quoting namitak007
{quote} Well my order got triggered at 1.026 but had seen no opportunity to close in good profit. I think I will keep it till 1.023. My chart shows a possibility around 1.022. Correct me if I am wrong!
We could see days of short range before break south so do take profit and reenter at least that is my strategy now.
In trading, you have to be defensive and aggressive at the same time
shorted 1 lot at 1.0280.. will see if homes sales in the US change anything..
Quoting Davit
{quote} I agree with your outlook I am short 260, 263,268 TP 2100 even Will add more shorts if prices goes above.
Now you short 1.028 tp 1.021 sl 1.03
Trade according to current market condition, not what you think would be.
I loaded this baby with shorts and have few more limits shorts in the wings.
Key in successful trading to me is not chasing 10-20pips but going for 75+and not everyday but when the conditions are right and when they are right pull your punches to fullest.
I love getting paid positive swap for shorting. I have 2 logical TP 1st at 235 and 2nd 220
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In trading, you have to be defensive and aggressive at the same time
I just wish the CAD data comes worse than expected!
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