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USD/CAD

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Quoting Dano12
{image}
Dano your chart is spot on, it bounced right after your post, like you pressed the "buy" button for whole bunch of buyers
The pair is back to 1.42 level, on the upside it seems testing the immediate resistance level at 1.4316.
I agree, it will reach 1.4315 again, but I think it will climb even higher than that.
Quoting Darkforce
{quote} Dano your chart is spot on, it bounced right after your post, like you pressed the "buy" button for whole bunch of buyers

see OIL = CAD I still have one option with another 5 did not finish on d1
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Can I sell usdcad to 1.40**
Bear / Bull tug of war. Lot's of indecision right now (basing this on different time-framed candles). Today's CH close and US close will be important to watch. Failing any moves, trend is the same.
Si vis pacem, para bellum.
Kind of boring, up up up and always up.

Everyday up.

Good news: up
Bad news: up
No news: up

Up: up

Ok..
Quoting tunera
Kind of boring, up up up and always up. Everyday up. Good news: up Bad news: up No news: up Up: up Ok..
make use of it then, ive made some massive increases on this bad boy - if ever there was free money in trading, this is most certainly it!
Quoting tunera
Kind of boring, up up up and always up. Everyday up. Good news: up Bad news: up No news: up Up: up Ok..
Yes, it is boring to make money.
Fix up, trade sharp ...
Quoting tunera
Kind of boring, up up up and always up. Everyday up. Good news: up Bad news: up No news: up Up: up Ok..
Im sure, that when I buy it will be big drop...
Trust only yourself
Not sore if USDCAD Is at the top yet but EURCAD sure seems to reverse. Although it might take a few months to reach my target
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95% of the time, my trading seems like a grind (sit, watch, read, listen, analyze, draw stuff, decipher candles). i'll take this boring trading any day.

Like Captain Kilgore said in Apocolypse Now: Some day this war is gonna end.

Til then...happy trading.
Si vis pacem, para bellum.
Quoting Don96
{quote} make use of it then, ive made some massive increases on this bad boy - if ever there was free money in trading, this is most certainly it!
Yeah exactly. I've banked about 220 pips this week from going long on some 30-40 pip pullbacks. Go long and close once the momentum is gone.. Rinse and repeat
Trade like a sniper not a machine gun
I think that the Bank of Canada will raise interest rates 20 jan
The supreme art of war is to subdue the enemy without fighting.
Poor CAD, Always up without having correction..
on the way to 1.45
Forex as Leverage
Quoting albarbary
I think that the Bank of Canada will raise interest rates 20 jan
I think BoC will cut rate.
Si vis pacem, para bellum.
At this point everybody and their dog is long usdcad (i'm talking about institutional traders, retail traders are mostly short and in deep water).

I wonder how many people havn't bought yet, overall the number of traders is not an infinite one.

(is it?)

lol.. let's see what happen
Quoting Conscript
Not sore if USDCAD Is at the top yet but EURCAD sure seems to reverse. Although it might take a few months to reach my target {image}
out of EURCAD
This is pure madness.
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