Attachments: USD/CAD

USD/CAD

#5,021
Mar 27, 2014 8:58am Mar 27, 2014 8:58am

Citiboy
Joined Feb 2011 | Status: building a shortfolio | 2,418 Posts

Quoting slow-trader

Disliked

{quote} thanks AUDCAD and NZDCAD were looking heavy ... got in on those, will likely close the NZDCAD short sooner than later. not going to TP on USDCAD if this drop continues. Weekly atr is stretched though, same as monthly ATR ... SL to BE. Are you going to build a long position? I want to if DXY bounces, but not liking the looks of it.

Ignored

Already very short eurusd from 1.3800. Was just want to slowly build a bearish China position and wanted to do that via CAD and AUD shorts. Its all very small at the moment, just bought usdcad again very small at 1.1055. In comparison is about 5% the size of my eurusd short. Looks like EURUSD wants to pull the sucker ramp up again though, we'll see after this data.

Twitter: @TrendersGame

#5,022
Mar 27, 2014 9:00am Mar 27, 2014 9:00am

slow-trader
| Additional Username | Joined Mar 2014 | 425 Posts

Quoting Citiboy

Disliked

{quote} Already very short eurusd from 1.3800. Was just want to slowly build a bearish China position and wanted to do that via CAD and AUD shorts. Its all very small at the moment, just bought usdcad again very small at 1.1055. In comparison is about 5% the size of my eurusd short. Looks like EURUSD wants to pull the sucker ramp up again though, we'll see after this data.

Ignored

This cad might have been a flush, I closed it. same with others except audcad.

#5,023
Mar 27, 2014 9:56am Mar 27, 2014 9:56am

pipBlast
| Joined Jan 2014 | Status: Trader | 46 Posts

Quoting Citiboy

Disliked

Going long 1.1098, SL at 1.1078. TP 1.1150 {image}

Ignored

got caught on almost the same operation

Attached Image

still lokin for long again

#5,024
Mar 27, 2014 11:30am Mar 27, 2014 11:30am

thole91
| Joined Feb 2014 | Status: Trader | 63 Posts

Seems like everything is going against USD and EUR right now. Despite of all good news. I personally think that santions for Rusia have a big impact on USD and EUR.

#5,025
Mar 27, 2014 12:54pm Mar 27, 2014 12:54pm

aviz12
| Joined Dec 2011 | Status: Trader | 383 Posts

I am long USDCAD at 1.1096 levels.. Soon it shall be going up.

Classical chart patterns of currencies from 15+ Year Pro Trader

#5,026
Mar 27, 2014 1:45pm Mar 27, 2014 1:45pm

Citiboy
Joined Feb 2011 | Status: building a shortfolio | 2,418 Posts

Adding longs here at 1.1027. Average now is 1.1040 on long. putting SL at 1.0940

Twitter: @TrendersGame

#5,027
Mar 27, 2014 2:00pm Mar 27, 2014 2:00pm

sakisf
Joined Sep 2013 | Status: boreddddd | 3,137 Posts

Almost every month the last 2-3 days are very bearish. Probably due to swaps.

#5,028
Mar 27, 2014 2:33pm Mar 27, 2014 2:33pm

Berniej
| Joined Jan 2014 | Status: Trader | 27 Posts

dont understand why the drop, doller is strong but the cad is killing it. im sensing a bounce back from 20-30s into the 60 and above again tomorrow.

#5,029
Edited 3:35pm Mar 27, 2014 3:20pm | Edited 3:35pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

down and down she goes. Possible bottom @ 1.0132

#5,030
Mar 27, 2014 4:40pm Mar 27, 2014 4:40pm

fx-trader777
Joined Aug 2005 | Status: steady and consistent | 977 Posts

time to reverse, this is not bounce back to go long, this is reversal,

kiss the trend

#5,031
Mar 27, 2014 4:58pm Mar 27, 2014 4:58pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

Quoting fx-trader777

Disliked

time to reverse, this is not bounce back to go long, this is reversal,

Ignored

Are you saying at this level was the turn of the USD/CAD? I don't mean to be disrespectful but your English was a bit broken in that statement. If you are saying what I am thinking then

It would be awesome. Been down for about 9 straight days now.

#5,032
Mar 27, 2014 9:04pm Mar 27, 2014 9:04pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

Down and down some more...

#5,033
Mar 27, 2014 9:22pm Mar 27, 2014 9:22pm

Citiboy
Joined Feb 2011 | Status: building a shortfolio | 2,418 Posts

This thing is a total dog... I guess the numbers out of Canada dont really support the dovish stance of the Bank of Canada. Looks like this wants to at least consolidate current levels. USD longs are better off against EUR until theres a shift of sentiment on China.

CAD short was way too crowded and all the shorts just got blown away.

Twitter: @TrendersGame

#5,034
Edited 10:38pm Mar 27, 2014 9:45pm | Edited 10:38pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

Some good support just below us at 1.10. We should see what develops tonight! Decent base/bottom I believe. Lets see if we can get an up move from here.

#5,035
Mar 27, 2014 11:02pm Mar 27, 2014 11:02pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

Quoting Rizmeister

Disliked

Some good support just below us at 1.10. We should see what develops tonight! Decent base/bottom I believe. Lets see if we can get an up move from here.

Ignored

#5,036
Mar 28, 2014 1:41am Mar 28, 2014 1:41am