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USD/CAD

  • #8,861
  • Jan 14, 2016 2:38am Jan 14, 2016 2:38am
Quoting smikester
{quote} If you post someone else's hard work it is usual to give them credit. You copied this didn't you?
he did because at the time he posted price was way above 4314! the SL...
In trading, you have to be defensive and aggressive at the same time
  • #8,862
  • Jan 14, 2016 3:04am Jan 14, 2016 3:04am
I'm opening longs again, the pair will reach 1.4400.
  • #8,863
  • Jan 14, 2016 3:15am Jan 14, 2016 3:15am
Quoting dianajs
I'm opening longs again, the pair will reach 1.4400.
It will probably reach 1.45 first, watch it, no sign the momentum is fading.
  • #8,864
  • Jan 14, 2016 3:36am Jan 14, 2016 3:36am
At the expense of USD CAD, I think we should wait until the price touches the lower border of the trend, and then put to a long position.
Attached Image (click to enlarge)
Click to Enlarge Name: Usd Cad 14.01.16 .png Size: 52 KB
  • #8,865
  • Jan 14, 2016 3:43am Jan 14, 2016 3:43am
Quoting DenForex
At the expense of USD CAD, I think we should wait until the price touches the lower border of the trend, and then put to a long position. {image}
but who knows, maybe this will not happen
  • #8,866
  • Jan 14, 2016 4:14am Jan 14, 2016 4:14am
Quoting eugenyk
{quote} but who knows, maybe this will not happen
Yes you are right. It is a no full guarantee. But now trade against the trend (Sell), a pretty dangerous.
  • #8,867
  • Jan 14, 2016 4:29am Jan 14, 2016 4:29am
alot of time we seeing more opinions crossing their fingers for their trades
not depending on what price looks
Investing is SIMPLE but NOT EASY
  • #8,868
  • Jan 14, 2016 6:09am Jan 14, 2016 6:09am
Long from 1.4357 - TP 1.4387 - SL - 1.4337​
  • #8,869
  • Jan 14, 2016 6:40am Jan 14, 2016 6:40am
​Well, I'm feathering in shorts (have been for a while) and stacking them in from 4375 - 4385...
  • #8,870
  • Jan 14, 2016 7:04am Jan 14, 2016 7:04am
Where are we going to see a retrace?

1,50 ? 1,60 ? 2,00 ? funny canadian
Make money by doing the opposite of Giveachance aka loser
  • #8,871
  • Jan 14, 2016 7:21am Jan 14, 2016 7:21am
it seems like 44 - strong resistance, or oil stopped falling, aud, nzd also retrace
  • #8,872
  • Jan 14, 2016 7:28am Jan 14, 2016 7:28am
Quoting eugenyk
it seems like 44 - strong resistance, or oil stopped falling, aud, nzd also retrace

For me there's been a head fake on the USD CAD 30/60 min timeframes but shorts are proving a painful excursion at present. Oil appears to have found some interest off $30...for now at least
  • #8,873
  • Jan 14, 2016 7:43am Jan 14, 2016 7:43am
Those last few 4H candles tell you there's a struggle going on.
Si vis pacem, para bellum.
  • #8,874
  • Jan 14, 2016 8:08am Jan 14, 2016 8:08am
will this (USDcad ) pair go down for a correction before long more? asking expert comments .
  • #8,875
  • Jan 14, 2016 8:09am Jan 14, 2016 8:09am
guess its the time to cross the river ..
short this pair @1.4354 massively for 150 pips
Investing is SIMPLE but NOT EASY
  • #8,876
  • Jan 14, 2016 11:50am Jan 14, 2016 11:50am
Quoting Ill-b-back
Maybe some relief for the bears soon {image}
Something to be cautious of though.
A retreat to 1.3920 area would retest the breakout pattern before perhaps extending higher into historical resistance
Monthly shows a clear retest and strong acceleration off 2009 highs resistance turned support
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 26 KB
Click to Enlarge Name: USDCADWeekly.png Size: 24 KB
Click to Enlarge Name: USDCADMonthly.png Size: 31 KB
Come with me if you want to live....
  • #8,877
  • Jan 14, 2016 2:34pm Jan 14, 2016 2:34pm
USD is way overbought on cross all pairs.Most of the drive is hyped up. Chinese stock market and economy issues which in my view also has been exaggerated.We will see corrections coming soon.
Hints that already Jan numbers are not looking good
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 3 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,878
  • Edited 4:39pm Jan 14, 2016 3:53pm | Edited 4:39pm
This is clear example that technicals is not enough.Against fundemetal factors no tech stands a chance.That goes for Elliot Waves and Harmonics as well.
WE have seen basically nothing but UP on this pair .Once big boys decide its time then we will swing lows rabidly as well.
In trading, you have to be defensive and aggressive at the same time
  • #8,879
  • Jan 14, 2016 8:41pm Jan 14, 2016 8:41pm
short here at 1.4384 stop above 1.4425 no tp yet ​
  • #8,880
  • Jan 14, 2016 8:44pm Jan 14, 2016 8:44pm
what time frame are you trading?
Si vis pacem, para bellum.
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