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USD/CAD

  • #9,581
  • Apr 5, 2016 1:49pm Apr 5, 2016 1:49pm
Quoting JunkyFX
{quote} Re-enter short 1.3190, stop 40.
Take 50 partial, break even the rest.
  • #9,582
  • Apr 5, 2016 5:36pm Apr 5, 2016 5:36pm
looks like a continuation down trend, short on this one going for 200+ pips
Attached Image (click to enlarge)
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  • #9,583
  • Apr 5, 2016 9:16pm Apr 5, 2016 9:16pm
The bearish trend is still in place for the USDCAD, even though it is over-extended to the downside.
  • #9,584
  • Apr 6, 2016 4:23pm Apr 6, 2016 4:23pm
Quoting trademark
The bearish trend is still in place for the USDCAD, even though it is over-extended to the downside.
hop in , lets enjoy the ride
  • #9,585
  • Apr 7, 2016 6:14am Apr 7, 2016 6:14am
Quoting JunkyFX
{quote} Take 50 partial, break even the rest.
Moving stop to 3140, this thing maybe turning.
  • #9,586
  • Apr 7, 2016 6:42am Apr 7, 2016 6:42am
Quoting JunkyFX
{quote} Moving stop to 3140, this thing maybe turning.
Think she's ok just choppy but I moved mine to 32 you may get hit at that level I reckon
  • #9,587
  • Apr 7, 2016 9:41am Apr 7, 2016 9:41am
Quoting Pip-Miner
{quote} Think she's ok just choppy but I moved mine to 32 you may get hit at that level I reckon
Yup it was easy pickings. Higher low on the swing this morning, maybe up to 13250 area, then we can see.
  • #9,588
  • Apr 7, 2016 4:49pm Apr 7, 2016 4:49pm
looks like we survived, very choppy not the best to trade but trend still intact. I think we should be ok .
  • #9,589
  • Apr 8, 2016 8:12am Apr 8, 2016 8:12am
Quoting Pip-Miner
looks like we survived, very choppy not the best to trade but trend still intact. I think we should be ok .
Good call.
  • #9,590
  • Apr 9, 2016 3:10am Apr 9, 2016 3:10am
USD/CAD golden levels:

http://www.forexfactory.com/showthre...88#post8863388

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 32 KB
  • #9,591
  • Apr 9, 2016 4:54am Apr 9, 2016 4:54am
Quoting Quinton
USD/CAD golden levels: http://www.forexfactory.com/showthre...88#post8863388 {image}
Thanks for forecast, you mean should find longs setups?Kind regards
  • #9,592
  • Apr 9, 2016 5:55am Apr 9, 2016 5:55am
Quoting piratachile
{quote} Thanks for forecast, you mean should find longs setups?Kind regards
I advise you make your mind either sell or buy UC but not both.I always always sell UC never buy.Why? because of oil factor
I have been successfully shorting UC for a year.Never had a losing month doing it.
Key is wait for a bounce then short the swings.Get out of the way from major Yellen dates and you'll be fine.
In trading, you have to be defensive and aggressive at the same time
  • #9,593
  • Apr 9, 2016 7:07am Apr 9, 2016 7:07am
Quoting Davit
{quote} I advise you make your mind either sell or buy UC but not both.I always always sell UC never buy.Why? because of oil factor I have been successfully shorting UC for a year.Never had a losing month doing it. Key is wait for a bounce then short the swings.Get out of the way from major Yellen dates and you'll be fine.
  • #9,594
  • Apr 9, 2016 7:08am Apr 9, 2016 7:08am
Quoting piratachile
{quote} Thanks for forecast, you mean should find longs setups?Kind regards


Short, since price is below the levels atm.
  • #9,595
  • Apr 9, 2016 1:49pm Apr 9, 2016 1:49pm
Quoting Quinton
{quote} Short, since price is below the levels atm.
fully agree, still in my short from April 6 , sold half and the rest is still running. Nice peaceful thread and currency I'm enjoying this less volatile pair from the likes of gbpjpy and audgbp.
  • #9,596
  • Apr 10, 2016 10:54pm Apr 10, 2016 10:54pm
Sell opportunity :

Attached Image (click to enlarge)
Click to Enlarge Name: rew.png Size: 35 KB
Money moves the market, not an indicator.
  • #9,597
  • Apr 10, 2016 11:17pm Apr 10, 2016 11:17pm
I have a buying opportunity on the loonie if you guys want to analyze it for yourselves and take the trade with me. It should be at least a 300 move to the upside after testing that fresh demand zone I have highlighted. Both rallies into that downtrend were equal, now it should cover about the same distance from the drop as the previous landing into that strong demand zone.
Attached Image (click to enlarge)
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  • #9,598
  • Edited 1:07am Apr 11, 2016 12:34am | Edited 1:07am
Quoting andoseg2
Sell opportunity : {image}

Looks like your sell opp is gone.

Dropped 2nd time.Maybe will be something.
  • #9,599
  • Apr 11, 2016 5:33am Apr 11, 2016 5:33am
Quoting andoseg2
Sell opportunity : {image}
Update : trade triggered, time to cover the sell, if the price sudden reverse we should lose 0% :

Attached Image (click to enlarge)
Click to Enlarge Name: rewx.png Size: 33 KB


Quoting gstup
{quote} Looks like your sell opp is gone. Dropped 2nd time.Maybe will be something.
Nope. Is just the clearing of SL after London open.
Money moves the market, not an indicator.
  • #9,600
  • Apr 11, 2016 5:49am Apr 11, 2016 5:49am
Quoting andoseg2
{quote} Update : trade triggered, time to cover the sell, if the price sudden reverse we should lose 0% : {image} {quote} Nope. Is just the clearing of SL after London open.
Update : lock profit by moving SL @ breakeven . Personally I will exit completely, trailing stopers should adjust the SL above every new Lower High that it will form if price continue to drop.

Attached Image (click to enlarge)
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Money moves the market, not an indicator.
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