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USD/CAD

  • #4,801
  • Feb 3, 2014 3:48pm Feb 3, 2014 3:48pm
Quoting Ken A
{quote} There's no way to know for sure but check the calender for CAD eco data within this week http://www.forexfactory.com/index.php#closed

CAD sell off
  • #4,802
  • Feb 3, 2014 9:22pm Feb 3, 2014 9:22pm
down down the river as we have done before
  • #4,803
  • Feb 5, 2014 1:14am Feb 5, 2014 1:14am
USDCAD Forecast (Another push lower and possible Cypher?) 5th Feb, 2014


Daily Chart

http://4.bp.blogspot.com/-nJ4-Fp_j5d...2-05_16-56.jpg


Hourly Chart

http://4.bp.blogspot.com/-V-71bns-0D...2-05_16-56.jpg

http://1.bp.blogspot.com/-bzpEwddR7O...2-05_16-56.jpg


Outlook Trade opportunity

[highlight=yellow; white-spacere-wrap]I am still bias for a new high to 1.14, this is because this pair moves very harmonically balanced. Anyways, we'll be talking about shorting when it gets there.[/highlight]

[highlight=yellow; white-spacere-wrap]For the mean time, i see this potential Cypher pattern coming up (note Leg C is a bit short to complete a 1.272 x-a ext, but will still take it)[/highlight]

[highlight=yellow; white-spacere-wrap]The PRZ / buy zone is at good levels for support and also at a major fib ext level from a weekly/ monthly chart. which we never retest as support. [/highlight]

[highlight=yellow; white-spacere-wrap]Could watch price action if we go into buy zone before entering trade[/highlight]

Risk Level LOW


Tips -

Always take note of any economical news event on our provided calender below
Only the strong survives!
  • #4,804
  • Feb 5, 2014 1:20am Feb 5, 2014 1:20am
Forex Factory Traders, MetaQuotes Has Lied to All of Us!

Warning to all Forex Factory users of MT4, Do not upgrade to v600 build of MT4!

Fellow Forex Factory traders, MetaQuotes has lied to all of us. They claim this new upgrade runs MQL4 indicators in their proper runtime environment without any problems. This is a flat out lie! And once you have upgraded, you cannot go back!

MetaQuotes has become uncaring about traders and greedy for profits. This is all about them making profits off of their "Store" feature, where they and others can sell indicators of new coding. And they have effectively prevented many of all the free and open coded indicators from running! Yes, they have published a long drawn out affair as to why some things won't work, but it is all a bullshit excuse circumventing the fact that they haven't produced a program to convert all of our old indicators so they will run. They expect users to figure out what the hell is wrong, and then become coders themselves to recode so their indicators will work,.........or they expect you to buy replacements from their F....king store!~

Call your brokers and demand that you be allowed to continue the last pre-v600 build or you will go to a broker that will!

-tah
  • #4,805
  • Feb 5, 2014 3:50am Feb 5, 2014 3:50am
Interesting charts htsang, thanks for sharing...
traderathome, thanks for info, have not heard about this update before, tho i'm indicator free, but sometimes i use some of them. If hey will do store alike mt4 i think many of traders just abandon them, tho there is too many players to chose from and they are free (unless we face worldwide conglomerate dark agreement of taxing the retailers).
  • #4,806
  • Feb 5, 2014 5:04am Feb 5, 2014 5:04am
Quoting traderathome
Forex Factory Traders, MetaQuotes Has Lied to All of Us! Warning to all Forex Factory users of MT4, Do not upgrade to v600 build of MT4! Fellow Forex Factory traders, MetaQuotes has lied to all of us. They claim this new upgrade runs MQL4 indicators in their proper runtime environment without any problems. This is a flat out lie! And once you have upgraded, you cannot go back! MetaQuotes has become uncaring about traders and greedy for profits. This is all about them making profits off of their "Store" feature, where they and others can sell indicators...
Mine updated automatically
and realized now that all the templates / indicator folder is not under program files but under something like this
C:\Users\MAIN\AppData\Roaming\MetaQuotes\Terminal\49EFD6FFA51AA02BCE2431232010F768\MQL4\Indicators
Only the strong survives!
  • #4,807
  • Feb 5, 2014 1:28pm Feb 5, 2014 1:28pm
Quoting htsang
{quote} Mine updated automatically and realized now that all the templates / indicator folder is not under program files but under something like this C:\Users\MAIN\AppData\Roaming\MetaQuotes\Terminal\49EFD6FFA51AA02BCE2431232010F768\MQL4\Indicators
Yeah usually you don't have a choice over those things. Those updates are automatically pushed onto your platform. Would they still allow you to put in your custom indicators? If not, then that would be a BIG problem for me as 90% of the indicators that I use on MT4 are custom ones. The stock ones suck big time!!
Make your losses in demo. Earn your profits live.
  • #4,808
  • Feb 5, 2014 1:36pm Feb 5, 2014 1:36pm
Quoting traderathome
Forex Factory Traders, MetaQuotes Has Lied to All of Us! Warning to all Forex Factory users of MT4, Do not upgrade to v600 build of MT4! Fellow Forex Factory traders, MetaQuotes has lied to all of us. They claim this new upgrade runs MQL4 indicators in their proper runtime environment without any problems. This is a flat out lie! And once you have upgraded, you cannot go back! MetaQuotes has become uncaring about traders and greedy for profits. This is all about them making profits off of their "Store" feature, where they and others can sell indicators...

Thanks for the timely information, it is appreciated.
  • #4,809
  • Feb 6, 2014 6:39am Feb 6, 2014 6:39am
still short since
1.1077
  • #4,810
  • Feb 6, 2014 8:02am Feb 6, 2014 8:02am
took a short on USDCAD
sl 1.11219
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD-03.jpg Size: 77 KB
  • #4,811
  • Feb 6, 2014 8:14am Feb 6, 2014 8:14am
Quoting Bluescalper
took a short on USDCAD sl 1.11219 {image}
waiting for the 10am news.
  • #4,812
  • Feb 6, 2014 8:18am Feb 6, 2014 8:18am
Quoting Bluescalper
took a short on USDCAD sl 1.11219 {image}
took me out fast -18 pips
  • #4,813
  • Feb 6, 2014 8:20am Feb 6, 2014 8:20am
Quoting Bluescalper
{quote} took me out fast -18 pips
I take a very quick short at 1.1121, and out now.
  • #4,814
  • Feb 6, 2014 8:40am Feb 6, 2014 8:40am
sell 103 sl 122
With a good book and quality paper you can fine wipe your ass.
  • #4,815
  • Feb 6, 2014 9:21am Feb 6, 2014 9:21am
Quoting 2301041124
{quote} I take a very quick short at 1.1121, and out now.
ya re-entered though was fast to post back
  • #4,816
  • Feb 6, 2014 9:23am Feb 6, 2014 9:23am
Quoting Bluescalper
{quote} ya re-entered though was fast to post back
now it is down.
  • #4,817
  • Feb 6, 2014 9:25am Feb 6, 2014 9:25am
Quoting Suffo
sell 103 sl 122
out 085
With a good book and quality paper you can fine wipe your ass.
  • #4,818
  • Feb 6, 2014 9:55am Feb 6, 2014 9:55am
Quoting 2301041124
{quote} now it is down.
ya market been very fast re-entered yet for the third time making +10 pips for now
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD-04.jpg Size: 51 KB
  • #4,819
  • Feb 6, 2014 10:04am Feb 6, 2014 10:04am
Quoting Bluescalper
{quote} ya market been very fast re-entered yet for the third time making +10 pips for now {image}
Long now.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB
  • #4,820
  • Feb 6, 2014 10:05am Feb 6, 2014 10:05am
Quoting 2301041124
{quote} Long now. {image}
be careful. the move is similar to that of friday. you may get cleaned up and may not get your price for months
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