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USD/CAD

  • #4,781
  • Jan 30, 2014 9:26am Jan 30, 2014 9:26am
Quoting 3ckune
Only long on this pair at the moment, the main question where t/p ? Opened long 1.1164 t/p 1.123 It would be nice to see 1.7188 hehe great please to short

I agree on 1.123-5 as tp ..I have some other shorts in there pending...reason why I started at 1.12 is because I believe that there's a chance USD will drop earlier than anticipated.
  • #4,782
  • Jan 30, 2014 1:45pm Jan 30, 2014 1:45pm
I'm waiting for tomorrow's Canadian GDP number for the next setup. Currently the market is definitely USD/CAD long bias. The daily USD/CAD chart shows the strength. I will not attempt any (longer time frame) shorts here.
May the Probability be with you!
  • #4,783
  • Jan 31, 2014 8:01am Jan 31, 2014 8:01am
anyone knows what's the boost for this pair?
  • #4,784
  • Jan 31, 2014 8:13am Jan 31, 2014 8:13am
Canadian GDP within expectations
  • #4,785
  • Jan 31, 2014 2:09pm Jan 31, 2014 2:09pm
- Very fast move.
Attached Image (click to enlarge)
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  • #4,786
  • Jan 31, 2014 2:14pm Jan 31, 2014 2:14pm
Quoting hastings
anyone knows what's the boost for this pair?
- For me, I trade what I see, it doesn't matter what is motivating it.
  • #4,787
  • Jan 31, 2014 3:14pm Jan 31, 2014 3:14pm
sell 131 sl 151
With a good book and quality paper you can fine wipe your ass.
  • #4,788
  • Feb 1, 2014 4:44am Feb 1, 2014 4:44am
There's barrier near 50% (1.2xx) of the Weekly chart so the reaction was quite expected could be another test of the mid with build up momentum.

Attached Image
  • #4,789
  • Feb 3, 2014 3:18am Feb 3, 2014 3:18am
Down trend rally has been started! 1st target is 1.095 and 2nd one is 1.06. I warned you 1 or 2 weeks ago about this.

Good luck!
  • #4,790
  • Feb 3, 2014 3:49am Feb 3, 2014 3:49am
Quoting Suffo
sell 131 sl 151
out 076
With a good book and quality paper you can fine wipe your ass.
  • #4,791
  • Feb 3, 2014 5:37am Feb 3, 2014 5:37am
Quoting Ken A
There's barrier near 50% (1.2xx) of the Weekly chart so the reaction was quite expected could be another test of the mid with build up momentum. {image}
Hi Ken.

Is possible that we can retest it again within this week?
appreciate your comment
Journey is more important than destination
  • #4,792
  • Feb 3, 2014 6:19am Feb 3, 2014 6:19am
IMO... If we break this level we might go 1.095 otherwise we'll target new HH.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.JPG Size: 65 KB
Journey is more important than destination
  • #4,793
  • Feb 3, 2014 8:13am Feb 3, 2014 8:13am
USD/CAD strong sell TP1: 1.095 ( 100% Profit )
  • #4,794
  • Feb 3, 2014 9:19am Feb 3, 2014 9:19am
usually i don't post my trades, tho this one is one of my favorite setups but regarding this dark blue TL it can be short lived, will see.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD_h1_2014_02_03.JPG Size: 354 KB
  • #4,795
  • Feb 3, 2014 11:49am Feb 3, 2014 11:49am
Quoting xau
usually i don't post my trades, tho this one is one of my favorite setups but regarding this dark blue TL it can be short lived, will see. {image}

Do you have a long or short trade in play?
There are those who know, and there are those who don't know.
  • #4,796
  • Feb 3, 2014 12:24pm Feb 3, 2014 12:24pm
1.1070 looks like a good long.
waiting for setup.
  • #4,797
  • Feb 3, 2014 12:25pm Feb 3, 2014 12:25pm
Quoting wannabtrader
1.1070 looks like a good long. waiting for setup.

Its what they want you to think!!! ^_^
There are those who know, and there are those who don't know.
  • #4,798
  • Feb 3, 2014 1:12pm Feb 3, 2014 1:12pm
Quoting palabara
{quote} Do you have a long or short trade in play?
hey Palabara, it was long position .
  • #4,799
  • Feb 3, 2014 2:18pm Feb 3, 2014 2:18pm
Quoting xau
{quote} hey Palabara, it was long position .

I managed to deduce that from your image after the fact, and based on the fact you said was. I assume you took the profits -- so banzai! I'm playing a smaller a bit deeper correction on the daily, and then will reposition for a long again, when it finishes the correction, and continues back up.
There are those who know, and there are those who don't know.
  • #4,800
  • Feb 3, 2014 3:12pm Feb 3, 2014 3:12pm
Quoting traderbola
{quote} Hi Ken. Is possible that we can retest it again within this week? appreciate your comment
There's no way to know for sure but check the calender for CAD eco data within this week


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