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USD/CAD

  • #4,521
  • Jan 9, 2014 4:42am Jan 9, 2014 4:42am
Quoting yosi408
I thought that if everyone says up the pair has to be down .. I'm selling it again but with only 0.1. I'm with minus 25 pips (25$) there - I hope that he fell to the 1.0725 Maybe the cold in Canada makes this extreme increase - I hope there will be more hot quickly, that the usdcad to return to fall I want to see it at 0. *** Again. I like to sell it because of that I get interest plus a night. That's why I buy audusd now and sell eurtry
Lol !!! It's not because some good traders telling usdcad has to go up in this thread that it means the crowd is long.
You better find out crowd sentiment. Actually on Myfxbook, 87% traders are short like you... that's why usdcad will keep rising in the long term.
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  • #4,522
  • Jan 9, 2014 4:52am Jan 9, 2014 4:52am
Quoting yosi408
I thought that if everyone says up the pair has to be down .. I'm selling it again but with only 0.1. I'm with minus 25 pips (25$) there - I hope that he fell to the 1.0725 Maybe the cold in Canada makes this extreme increase - I hope there will be more hot quickly, that the usdcad to return to fall I want to see it at 0. *** Again. I like to sell it because of that I get interest plus a night. That's why I buy audusd now and sell eurtry

Why would You take an trade based on "hope" mate ?
Trade what's happening and what You see on the chart not what others say or what You hope should happen. There's no such thing as "it has to fell now", keep in mind that in december there were some articles about CAD being 2014 YEN
At the moment Dolar might get some love again all over the board with better data and tappering which will continue and CAD is one of the currencies which is the most sensitive to such moves due to it's lack of strenght at the moment.
If 1,085 is smashed then there's not much ceiling till 1.10 or even higher so keep that in mind and don't get caught in that king of rally agains You.
  • #4,523
  • Jan 9, 2014 5:09am Jan 9, 2014 5:09am
Quoting yosi408
I thought that if everyone says up the pair has to be down .. I'm selling it again but with only 0.1. I'm with minus 25 pips (25$) there - I hope that he fell to the 1.0725 Maybe the cold in Canada makes this extreme increase - I hope there will be more hot quickly, that the usdcad to return to fall I want to see it at 0. *** Again. I like to sell it because of that I get interest plus a night. That's why I buy audusd now and sell eurtry
hi Yossi,Greetings...I like how you`ve adjusted your trade size in line with Davit`s very timely advice,thatz a prove you are open to constructive changes.

I want to intrude by throwing in my 1 cent;thatz on the technical part of the trade,itz not a trade signal,itz just because you are short already like I am too,and I feel it only right to share my levels with you(1.0850 for me is the lower range of the resistance and 1.0950 is the upper range;I don`t expect the later to be exceeded before a pullback to 1.0700 where i`m looking to take profit)

keep ya stops tight, and your entry accurate...i see you breaking even...goodluck
  • #4,524
  • Jan 9, 2014 5:38am Jan 9, 2014 5:38am
http://www.mql5.com/en/charts/127320...apital-markets

It with the too much shopping it must be down right now
  • #4,525
  • Jan 9, 2014 5:41am Jan 9, 2014 5:41am
Today there is news about Canadian - I hope that it drops it down - maybe even 100 pips down would be nice
  • #4,526
  • Jan 9, 2014 5:49am Jan 9, 2014 5:49am
Quoting yosi408
Today there is news about Canadian - I hope that it drops it down - maybe even 100 pips down would be nice
anything is possible but certainty is that long term and current trend are up while most of the muppet traders are short.
  • #4,527
  • Jan 9, 2014 6:00am Jan 9, 2014 6:00am
I put another 0.1 Short - I neeeeed the usd cad down now if not - the account at risk again
  • #4,528
  • Jan 9, 2014 6:06am Jan 9, 2014 6:06am
Quoting yosi408
Today there is news about Canadian - I hope that it drops it down - maybe even 100 pips down would be nice
Keep wishing... this is how 13% long traders are making profit. Whose going to pay us if nobody sells? o_O
By experience I would say USDCAD won't retrace before Monday.

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad_1.jpg Size: 70 KB


Some traders are so bad that they started to short before the resistance level... look at chart.

Market is going to eat all theses stop... sooner rather than later!!!
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  • #4,529
  • Jan 9, 2014 6:14am Jan 9, 2014 6:14am
He must be down to the green line !!
  • #4,530
  • Jan 9, 2014 6:16am Jan 9, 2014 6:16am
Quoting yosi408
I put another 0.1 Short - I neeeeed the usd cad down now if not - the account at risk again
It will go up whatever the news
  • #4,531
  • Jan 9, 2014 6:17am Jan 9, 2014 6:17am
I hate the banks who raise it up

I hope that someone will steal them all their money
  • #4,532
  • Jan 9, 2014 6:57am Jan 9, 2014 6:57am
Quoting yosi408
I hate the banks who raise it up I hope that someone will steal them all their money
Even that's sad You're loosing money mate, it makes me laugh every time I read post like that.
The only person You can ever blame for making or losing money on the markets is the one You see in the mirror every day
  • #4,533
  • Jan 9, 2014 7:10am Jan 9, 2014 7:10am
Not when someone forcibly raise it up without correction - it's not normal up - it's her very extreme
  • #4,534
  • Jan 9, 2014 8:12am Jan 9, 2014 8:12am
im sell 0.5 now

I do not want to go to lots again : /
  • #4,535
  • Jan 9, 2014 9:04am Jan 9, 2014 9:04am
I closed everything - I did today $ 49 plus : )
  • #4,536
  • Jan 9, 2014 9:31am Jan 9, 2014 9:31am
Because it stays in place - I did a lot of small deals
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  • #4,537
  • Jan 9, 2014 10:42am Jan 9, 2014 10:42am
Quoting Crazy-Trader
{quote} Some traders are so bad that they started to short before the resistance level...
that have nothing to do with being good or bad trader, everyone uses the strategy that admit it!

some are happy with many 30 pips trades and others (like me) prefer few big trades over the year !

you can make money in both way
  • #4,538
  • Jan 9, 2014 10:47am Jan 9, 2014 10:47am
don't fight goldman sachs they say 1.12 so 1.12 will happen within 1-2 weeks.
  • #4,539
  • Jan 9, 2014 10:51am Jan 9, 2014 10:51am
Quoting staffpro2
don't fight goldman sachs they say 1.12 so 1.12 will happen within 1-2 weeks.

Funny I was thinking if they advertize their positions I am almost certain they are most likely selling or plan on selling big like from 950'sh
You know the saying by the time its news its already too late.
I closed 750 position as loss -50pips but my lot was tiny.Sort of testing trade.Staying on sidelines for higher up short opportunity.
In trading, you have to be defensive and aggressive at the same time
  • #4,540
  • Jan 9, 2014 10:57am Jan 9, 2014 10:57am
Quoting staffpro2
don't fight goldman sachs they say 1.12 so 1.12 will happen within 1-2 weeks.
I never considers "forecasts"of all these monkeys !

all depend yout trading style and TF , for me UC start to be really bullish when a daily candle close above this trend line !

Attached Image (click to enlarge)
Click to Enlarge Name: usdcadweekly.png Size: 88 KB


if that happens, then I change my view but for now and at this level i'm on the short side !

wait and see
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