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USD/CAD

  • #5,461
  • May 26, 2014 8:09pm May 26, 2014 8:09pm
but it will..someday
it's funny when someone operates with numbers like 1.2 or 1.12 or.. if anyone here would know the exact future price for any pair he/she wouldn't be here..but spending the money after taking zillion pips from the market. I'm also like the wizard bullish on U/Cad and and bearish on commod.currencies (also long G/Aud) but I'd lie if I say that it will go to ___ .
anyway, it seems that I'm not a prophet and don't know the future, so I must use the secret weapon, MM and good R/R ratio .
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #5,462
  • May 26, 2014 8:47pm May 26, 2014 8:47pm
Quoting bikov
anyway, it seems that I'm not a prophet and don't know the future, so I must use the secret weapon, MM and good R/R ratio .
That not secret weapon, everyone knows that
All posts are my personal opinion
  • #5,463
  • May 26, 2014 8:59pm May 26, 2014 8:59pm
Quoting Rtm
{quote} That not secret weapon, everyone knows that

I know, just kidding . I meant I don't use those fancy stuff like gann, EW.. although I have nothing against them, just don't understand it and don't have the will to learn it. about usd/cad, it's more correlated with eur/aud, eur/nzd & gbp/aud than DXY and they are about to explode up as I see. if they don't I'll buy glasses .
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #5,464
  • May 26, 2014 11:54pm May 26, 2014 11:54pm
ok trying a long at 1.043, 9point SL. last chance to avoid a new low i think

http://i.imgur.com/qKFSLWO.jpg
Do what's right for you
  • #5,465
  • May 27, 2014 4:23am May 27, 2014 4:23am
Targeting 1.0815
  • #5,466
  • May 27, 2014 5:05am May 27, 2014 5:05am
i think USDCAD will go down for a long time form now becase CPI of CAD is going up
  • #5,467
  • May 27, 2014 7:41am May 27, 2014 7:41am
This is what it looks like to happen

Attached Image
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #5,468
  • May 27, 2014 7:45am May 27, 2014 7:45am
Im long, who's with me?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
  • #5,469
  • May 27, 2014 8:13am May 27, 2014 8:13am
Quoting pouyanv
Im long, who's with me? {image}

I'm long...185 cm .. or till 1.18 and beyond maybe, better said.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #5,470
  • May 27, 2014 8:13am May 27, 2014 8:13am
im still in with my 9pip SL but american session to get through, each session has made a new low last few days
Do what's right for you
  • #5,471
  • May 27, 2014 8:39am May 27, 2014 8:39am
Quoting aviz12
This is what it looks like to happen {image}
Nice formation going on...
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #5,472
  • May 27, 2014 8:47am May 27, 2014 8:47am
my viwe
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad h4.gif Size: 57 KB
THERE IS NO SYSTEM
  • #5,473
  • May 27, 2014 9:52am May 27, 2014 9:52am
nice even the 3pm seller (uk time) seems to be onboard
Do what's right for you
  • #5,474
  • May 27, 2014 11:28am May 27, 2014 11:28am
it looks like U/C have found the bottom around 1.084
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #5,475
  • May 27, 2014 12:00pm May 27, 2014 12:00pm
Quoting santuary123
My trade plan still wait n see.. I will see how movement in blue zone.. Can hold or no.. If can hold i will long.. And already set limit buy in red zone.. {image}
I already say like this tomorrow.. And thats true Blue zone still hold this pair.. I already long at 40..

Oyeah guys.. I just want share my opinion..

We might be in for a choppy market this week.. so there will be lots of jawboning from various sources..
So dont forget use tight SL..
  • #5,476
  • May 27, 2014 4:01pm May 27, 2014 4:01pm
I am long.

best of luck to all.
  • #5,477
  • May 27, 2014 5:10pm May 27, 2014 5:10pm
my target 1.1120
  • #5,478
  • May 27, 2014 10:39pm May 27, 2014 10:39pm
i think it will go 1.0949. but it has resistance that are R1(1.0874) R2(1.0907) and then it will go 1.0949
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h4-fxpro-financial-services.png Size: 30 KB
  • #5,479
  • May 28, 2014 7:24am May 28, 2014 7:24am
getting a little boast from resistance from crosses i think, might have to wait till fridays GDP to get some decent direction. GBP/CAD might be wanting to test 1.8 which wont bode well for UC longs.
Do what's right for you
  • #5,480
  • May 28, 2014 12:08pm May 28, 2014 12:08pm
Close my long at 50 now (got 25 pips).. My TP is 8900 but close now..
Yesterday got 20 pips when buy at 40..

Will looking chance for long again tomorrow
Attached Image (click to enlarge)
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Attached Image
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Jeks