USDCAD trend reversal? | Page 221 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

(False) Breakout & Trend Reversal Strategies?? 12 replies

Trend Reversal Confirmed? 0 replies

POLL- Trend Reversal or Retracement 0 replies

Are we close to TREND REVERSAL? 5 replies

Attachments: USDCAD trend reversal?
Exit Attachments

USDCAD trend reversal?

  • #4,401
  • Jan 27, 2015 6:40pm Jan 27, 2015 6:40pm
Loonie: Mthly still uptrend
Wkly RSI o/b
Dly: RSI o/b
Retrace to 1.2200?

Gonna grab some dinner & look @ Beaver, poutine & other cad X:s
  • #4,402
  • Jan 27, 2015 8:17pm Jan 27, 2015 8:17pm
Dog is having her puppies now, so no supper & no charting.

So far 5 (no still borns)
  • #4,403
  • Jan 28, 2015 4:33pm Jan 28, 2015 4:33pm
Loomie buy stop hit @ 1.2488 01/26 Hi

Beaver (c/y) sell stop triggered (94.01)

G/cad buy @ 1.8970 possible Target 1.9128 (2009/06 RES)
  • #4,404
  • Jan 28, 2015 11:14pm Jan 28, 2015 11:14pm
Quoting alayinizAMK
Recenlty helpful people in here shared a good source of historic charts I would not try to catch any reversal on big frames before top of 2001-2002 is reached in this pair. A count on this chart shows that a retest could appear as it usually does after a fifth wave extension. It may be due to a firm dollar in the near future. {image}
Would like to know what happened in late 1700s....
  • #4,405
  • Jan 29, 2015 5:56am Jan 29, 2015 5:56am
Quoting julesocean
{quote} Would like to know what happened in late 1700s....
Me too. But my historical knowledge is lacking
  • #4,406
  • Jan 29, 2015 8:56pm Jan 29, 2015 8:56pm
Loonie: buy 1.2482 closed @ 1.2614

Beaver (C/Y) sell @ 94.08 moved stop loss to 93.80.

G/Cad Buy @ 1.8979 moved stop to 1.9005

Late 1700s lots of activity between Hudson's Bay Co & the French North West Trading Co. to build trading posts, establish relations with the different
indigenous peoples for trade & profit (similar to fx brokers making trading more attractive to us small guys for our $$$$)
  • #4,407
  • Jan 30, 2015 2:01pm Jan 30, 2015 2:01pm
Loonie buy stop 1.2675
  • #4,408
  • Jan 30, 2015 2:08pm Jan 30, 2015 2:08pm
closed G/cad buy (1.8928) @ 1.9096

beaver (c/y) sell @ 94.08 closed @ 92.63

missed trading loonie buy (1.2675) still open (darn cudda closed 1.277ish).
  • #4,409
  • Jan 30, 2015 10:07pm Jan 30, 2015 10:07pm
Loonie for next week.

1.3000!

2004/1 support
2008/10 to 2010/03 resistance

Monthly RSI o/b

prev resistance was the 200 & $ has crossed up this ressistance.

See what happened when mkts re-open
  • #4,410
  • Jan 31, 2015 7:04pm Jan 31, 2015 7:04pm
47K 4 JAN
  • #4,411
  • Feb 1, 2015 5:24pm Feb 1, 2015 5:24pm
G/Cad buy @1.9142

$@ 07/10 supp & 09/6 res

rsi >50 & up
  • #4,412
  • Feb 1, 2015 6:01pm Feb 1, 2015 6:01pm
Beaver sell stop @ 91.80

UP TL ( 14/3 to 14/10 break to downside

RSI down (however; -ve divergence

Possible Target 90.80 (14/02 supp)

oil down

Cad GDP down

25 bp cut in interest rate (more to come)

Just gonna follow PA

As a wise man once said: "keep yer stick on the ice"!
  • #4,413
  • Feb 2, 2015 8:34pm Feb 2, 2015 8:34pm
CAD sell over or just taking a time-out?

Stop orders yesterday have not been hit.

E/Cad buy stop 1.4475 just placed.
  • #4,414
  • Feb 4, 2015 6:55pm Feb 4, 2015 6:55pm
Sell @ mkt Beaver just placed 93.24 ( 2014/10/16 supp)
My sell stop 91.80 still on tap.

Loonie (U/Cad) buy @ 1.2580

Now,if I can arrange to pay the Ex-wife's alimony in Greek bonds
  • #4,415
  • Feb 4, 2015 7:20pm Feb 4, 2015 7:20pm
Sell @ mkt Beaver just placed 93.24 ( 2014/10/16 supp)
My sell stop 91.80 still on tap.

Loonie (U/Cad) buy @ 1.2580

Now,if I can arrange to pay the Ex-wife's alimony in Greek bonds
  • #4,416
  • Feb 4, 2015 8:14pm Feb 4, 2015 8:14pm
Hope for a reversal.......Pending short for U/Cad
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5TR.png Size: 41 KB
80% effort, 20% luck
  • #4,417
  • Feb 4, 2015 9:11pm Feb 4, 2015 9:11pm
kos: watch 1.25484 prev supp.

If you have the time & the testicular fortitude to trade the lower TFs I applaud you because you possibly could make pips
using PA (support/resistance.

I am still long U/Cad on mthly.

Green pips to you & keep your stick on the ice.
  • #4,418
  • Feb 4, 2015 10:01pm Feb 4, 2015 10:01pm
Quoting Scarecru
kos: watch 1.25484 prev supp. If you have the time & the testicular fortitude to trade the lower TFs I applaud you because you possibly could make pips using PA (support/resistance. I am still long U/Cad on mthly. Green pips to you & keep your stick on the ice.


I am also watching monthly full 50% retrenchment showed TP in my chart is only free risk level.
I am interesting at least 5R:R trades.....
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADMonthly.png Size: 52 KB
80% effort, 20% luck
  • #4,419
  • Feb 5, 2015 4:45am Feb 5, 2015 4:45am
My trade is triggered will see what Mr.Market can do......
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM155.png Size: 45 KB
80% effort, 20% luck
  • #4,420
  • Feb 5, 2015 9:26am Feb 5, 2015 9:26am
First target Hit.....
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15tped.png Size: 45 KB
80% effort, 20% luck
8 traders viewing now