Baby oil USD CAD vs OIL
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- #9,382
- Feb 25, 2016 4:10am Feb 25, 2016 4:10am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Looking for sell . It has great potential to drop deep. If the price continue it's decline then thatis the entry I would take. Aggresive risk management is necessary due to proximity of recent demand zone : {image}
Money moves the market, not an indicator.
- #9,385
- Feb 25, 2016 9:33am Feb 25, 2016 9:33am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
Likely will break 1.3600
Note: not a trade recommendation
- #9,387
- Feb 25, 2016 10:25am Feb 25, 2016 10:25am
- Joined Oct 2013 | Status: Trader | 1,929 Posts
We are going back and forward on the freeze supply talking now. OPEC president today said "IT WOULD WORK." After Iran and Saudi Arabia denial last week. meanwhile on the other hand, Crude lift off its $30 per barrel key left, and CAD strength through the neckline 1.3800, 1.3700 and 1.3600 altogether in the past 2 days on USDCAD.
I strong believe crude is now the main drive for USDCAD.
____________________
also on TradingView @FXSayWhat
I strong believe crude is now the main drive for USDCAD.
____________________
also on TradingView @FXSayWhat
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
35.8%
- #9,388
- Feb 25, 2016 10:53am Feb 25, 2016 10:53am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote} Update : cover your sell right now, resulting in a free trade with 0% risk : {image}
Enough for today , time to take money and step out.
Money moves the market, not an indicator.
- #9,390
- Feb 26, 2016 2:34am Feb 26, 2016 2:34am
Long since yesterday, I was expecting bounce at the bottom of the bearish channel. But it was probably too early.
It feels that my SL will be hit before a new leg up starts. However not widening my SL once set...
It feels that my SL will be hit before a new leg up starts. However not widening my SL once set...
buying tops / selling bottoms
- #9,391
- Feb 26, 2016 12:42pm Feb 26, 2016 12:42pm
- Joined Oct 2013 | Status: Trader | 1,929 Posts
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
35.8%
- #9,392
- Feb 26, 2016 12:54pm Feb 26, 2016 12:54pm
- Joined Jul 2011 | Status: Lord Of War | 1,853 Posts
even if oil falls usdcad is at same spot (SHES strong but im still long 
). ..im long from 1.3506 SL 20 pips TP 1.3665 TP2 1.3794
). ..im long from 1.3506 SL 20 pips TP 1.3665 TP2 1.3794
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- #9,395
- Feb 28, 2016 10:34am Feb 28, 2016 10:34am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
- #9,396
- Feb 28, 2016 11:31am Feb 28, 2016 11:31am
- Joined Oct 2013 | Status: Trader | 1,929 Posts
Oil is up above 32 today, while #USDCAD is putting up a battle keeping price just above the 1.3500 level.
Let's see how dollar would react to the oil price next week plus the NFP.
Let's see how dollar would react to the oil price next week plus the NFP.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
35.8%
