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  • #8,101
  • Aug 8, 2015 8:39am Aug 8, 2015 8:39am
Quoting robertbruce
{quote} So I was off a small bit on NFP but we got the same expected result.

Where do you see Big Bank orders at?

Thank-you!
  • #8,102
  • Aug 8, 2015 8:40am Aug 8, 2015 8:40am
Quoting robertbruce
Morgan Stanley's limit order at 1.3 seems to have finally been filled. Should be up from here as they have moved their TP to 1.4 from their previous 1.2 position.

Where do you find this information?

Thank-you for the help!
  • #8,103
  • Aug 9, 2015 11:12am Aug 9, 2015 11:12am
Finally some volatility!
  • #8,104
  • Aug 9, 2015 11:00pm Aug 9, 2015 11:00pm
Quoting ajwhitesox
{quote} Where do you find this information? Thank-you for the help!
http://www.forexfactory.com/news.php
  • #8,105
  • Aug 9, 2015 11:02pm Aug 9, 2015 11:02pm
Quoting ajwhitesox
{quote} Where do you see Big Bank orders at? Thank-you!
Another site with mm info: http://www.forextell.com/
  • #8,106
  • Aug 9, 2015 11:13pm Aug 9, 2015 11:13pm
Quoting ajwhitesox
{quote} Where do you find this information? Thank-you for the help!
I doubt Morgan Stanley would announce a buy order at 1.3... who ever did, would get fired. Don't believe rumors if you want to keep your money. Personally, I am waiting to get short, but I am a long term trader, not looking for a few pips. Image is the forecast from RBC, while 1.4 may become a reality, something major would have to send it there. Logically thinking, oil prices will rebound, but a big factor will be China, if they don't rebound, the loonie will suffer.
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  • #8,107
  • Aug 10, 2015 10:42am Aug 10, 2015 10:42am
Attached Image (click to enlarge)
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  • #8,108
  • Aug 10, 2015 1:13pm Aug 10, 2015 1:13pm
I have been struggling with understanding the USD/CAD pair. Every indicator seems to direct me against the Canadian dollar and I agree with Cdawg's comment regarding oil and China.

Another issue which I was hoping someone could shed light on is with respect to some execution issues that I have been experiencing for a while. I trade in Canada and I can never seem to get a good execution, always a few pips off.... Does anyone here have any experience in dealing with execution issues with Canadian Banks/online brokerages?
  • #8,109
  • Aug 10, 2015 3:19pm Aug 10, 2015 3:19pm
The top is in.
  • #8,110
  • Aug 10, 2015 3:26pm Aug 10, 2015 3:26pm
Was there any tangible reason for that drop today ?!?
The solutions are in your mind, not in the market...
  • #8,111
  • Aug 10, 2015 3:46pm Aug 10, 2015 3:46pm
Quoting OreaM
Was there any tangible reason for that drop today ?!?
Today i am not sure except oil up.
But we should be going down for several months because of cycles and geometry.
  • #8,112
  • Aug 10, 2015 3:52pm Aug 10, 2015 3:52pm
oil took a slight jump, that's part of it, but my personal opinion is the sentiment on CAD is far more bearish then it should be, and US more bullish then it should be. We should be sitting right around that 1.20 mark at this time in my opinion, but oil prices have induced more fear then necessary at this time. Don't get me wrong, I see CAD bearish over the longer term, just shouldn't be as bearish as is it is right now. Again, just my opinion as a Western Canadian.
  • #8,113
  • Aug 10, 2015 3:57pm Aug 10, 2015 3:57pm
Yeah, I was wondering why the CAD is so strong across the board today. Was looking for a reason story on FF until I found your msg on the forum.
  • #8,114
  • Aug 10, 2015 4:13pm Aug 10, 2015 4:13pm
Gotcha. Got very surprised to see it freefall for most of the afternoon (im on GMT)
Since there was no news event or announcement except for the FOMC Space cowboys on speeches tour today I was looking for a retracement that just never happened :/
The solutions are in your mind, not in the market...
  • #8,115
  • Aug 10, 2015 4:38pm Aug 10, 2015 4:38pm
Quoting OreaM
Gotcha. Got very surprised to see it freefall for most of the afternoon (im on GMT) Since there was no news event or announcement except for the FOMC Space cowboys on speeches tour today I was looking for a retracement that just never happened :/
Might be a good opportunity to set a long headed for 1.33 - 1.34ish. Being from BC, I am surprised at the bearish sentiment of the loonie, construction here is going gangbusters, our BC economy is as busy if not busier than before the world financial crisis. Yes oil is down, yes China is not consuming as many resources.. but looks to me like overall our economy is in pretty good shape.
  • #8,116
  • Aug 10, 2015 5:06pm Aug 10, 2015 5:06pm
Yup, will definitely keep an eye on it for the rest of the week after this for a rebound.

There are probably people around FF with better fundamentals understanding that I have, but the us dollar seems to lead the dance here.
Prior to all the "Hey we're gonna have a huge .25% hike, but well maybe no and we dont know when but we will do it arajt", there was a lot of downmove on Gold spot price, which is a double whammy for USD/CAD with :
- USD Appreciating when gold goes south
- CAD depreciating due to its gold production

The above would be for the pair overall across the last few months, with today being possibly the beginning of a correction after hitting historical highs (+oil as mentioned by bladerogers)

I might be stating the obvious but I'd rather have someone correct anything wrong here, if enlightened I can be
The solutions are in your mind, not in the market...
  • #8,117
  • Aug 10, 2015 5:11pm Aug 10, 2015 5:11pm
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  • #8,118
  • Aug 11, 2015 10:42am Aug 11, 2015 10:42am
Potential UC Drop?
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  • #8,119
  • Aug 11, 2015 11:07am Aug 11, 2015 11:07am
best i have is a bear bat pattern should end at around 1.31570

SL 1.3189 tP 1.3066
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forex forex forex
  • #8,120
  • Aug 12, 2015 2:46am Aug 12, 2015 2:46am
Short-term ascending trend-channel favors USDCAD up-move; though, 1.3200-20, may become a tough nut to break.
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