USD/CAD | Page 496 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/CAD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

USD/JPY - USD/CAD any thoughts? 4 replies

CAD export / USD/CAD price 3 replies

Attachments: USD/CAD
Exit Attachments

USD/CAD

  • #9,901
  • May 5, 2016 1:52am May 5, 2016 1:52am
Quoting Don96
{quote} its the manner in which he is doing it, its a demo account, he has blown so many accounts before, and he still insists on being worlds richest person when in reality the only person he is going to make rich would be the people on the other side of his losing trades... but then, its demo so not sure about that

Guys...don't entertain this troll kid.
He comes here, makes ridiculous claims to get a rise out of people and loses daddy's money.
He is a joke.

One look at his website should tell you all you need to know about his mental state.
He's a contrarian provocateur who literally has nothing better to do!

Don't give him the satisfaction of engaging him.
Wealth comes from what you keep, not what you earn
  • #9,902
  • May 5, 2016 5:56am May 5, 2016 5:56am
Quoting brian.jer
1.27800 will be retested today.
  • #9,903
  • May 5, 2016 6:00am May 5, 2016 6:00am
I think it's more likely to fall to the support at 1.2700, but that said, I doubt that would be the end of the move to the upside. This is just a retracement.
  • #9,904
  • May 5, 2016 6:30am May 5, 2016 6:30am
longed.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 88 KB
  • #9,905
  • May 5, 2016 8:23am May 5, 2016 8:23am
Quoting Bicarus
longed. {image}
closed with profits before broker starts manipulation
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 24 KB
  • #9,906
  • May 5, 2016 10:06am May 5, 2016 10:06am
decided to go long @ 1.28350 stop at 1.28645 time to let it ride
  • #9,907
  • May 5, 2016 10:28am May 5, 2016 10:28am
USD/CAD will do great while Oil struggles. I'm buying all USD/CAD dips at this point and will sell all oil rallies.
  • #9,908
  • May 5, 2016 3:19pm May 5, 2016 3:19pm
Quoting brian.jer
{quote}
How did you know that it will test this level today, can you share some logic? It was 5 pips short of that.
  • #9,909
  • Edited 6:29pm May 5, 2016 6:18pm | Edited 6:29pm
Quoting Borowikbo
{quote} How did you know that it will test this level today, can you share some logic? It was 5 pips short of that.
Depends on your broker charts, the exact numbers may be a little different but you will see the big picture here.

A - 1.27600 is a strong daily resistance level and it just got broken with the move. But the move was already heavy overbought. The daily candle of May 4 was the main move. It just broke a main resistance level so it needed to take a rest. It may or may not test the next level @ 1.29800. But to test or even break this next level, it will need a new big push from a fundamental big news. The market was already exhausted at the moment.

B - The whole range between 1.27600 and 1.28600 is a strong resistance zone on the weekly chart, so you should expect some ranging movement on the H4 and H1. To break this resistance zone, a big fundamental news is required.

And since the market was overbought and everybody was waiting for the NFP news on Friday, a retrace was expected to happen. From (A) and (B) you should expect a retrace to around 1.27600.

From April 14 to April 19 and on May 4 as well, you see the market had created 2 resistance levels on the H1 chart, 1.27900 and 1.27800. So this was the target of the retesting retrace. I called 1.27800 for this reason but the market in fact retraced to only 1.27900.
  • #9,910
  • May 5, 2016 7:04pm May 5, 2016 7:04pm
Not sure about USDCAD but on GBPCAD, 1.86620 will be crossed today

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 55 KB
  • #9,911
  • May 5, 2016 7:34pm May 5, 2016 7:34pm
The pair is trapped in two strong downside line between 1.2830 and 1.2870 and i think any crazy move happen tomorrow with US news. I think Nobody can predict direction 100% sure
  • #9,912
  • May 5, 2016 8:04pm May 5, 2016 8:04pm
Quoting rahulkghosh
{quote} I feel perfectly happy with the trade.
So you trimmed the shorts from 51 lots down to 23 lots and deleveraging
  • #9,913
  • May 5, 2016 9:24pm May 5, 2016 9:24pm
USD/CAD struggling hard to get above 200 HMA

Looks good to go short at market with a tight SL of 20 pips targeting 100 pips at-least or go with a break?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmH4.png Size: 38 KB
  • #9,914
  • May 5, 2016 9:26pm May 5, 2016 9:26pm
Quoting Ken A
{quote} So you trimmed the shorts from 51 lots down to 23 lots and deleveraging
All part of the plan im sure. This guy knows his stuff!
  • #9,915
  • May 5, 2016 9:32pm May 5, 2016 9:32pm
Quoting trader34
{quote} Guys...don't entertain this troll kid. He comes here, makes ridiculous claims to get a rise out of people and loses daddy's money. He is a joke. One look at his website should tell you all you need to know about his mental state. He's a contrarian provocateur who literally has nothing better to do! Don't give him the satisfaction of engaging him.
Yes exactly. And when ignored he quickly gets bored and goes away. When people feed him what he wants he is a constant pest. But as soon as everyone ignored his rambling he was gone for hours.
  • #9,916
  • May 5, 2016 9:34pm May 5, 2016 9:34pm
Quoting tunera
i will make a new thread where this price go up price go down buyers sellers crowd and shit is explained once and for all.
Too late bro....there everywhere....! Its all the rage now!
  • #9,917
  • May 5, 2016 9:46pm May 5, 2016 9:46pm
In other more important news... Its been a great week for the CAD so far. Manually trailing SL set, just letting nature take over now. If it goes up more i win! If it comes down i Win!
  • #9,918
  • May 5, 2016 11:28pm May 5, 2016 11:28pm
1.291130 will be crossed today
  • #9,919
  • May 5, 2016 11:29pm May 5, 2016 11:29pm
UCAD going up again
  • #9,920
  • May 5, 2016 11:57pm May 5, 2016 11:57pm
Quoting brian.jer
Not sure about USDCAD but on GBPCAD, 1.86620 will be crossed today {image}
Profit target hit. Too much up and down for a clumsy 10 pips. I was late for the trade because I was busy cooking. The true signal candle was 3 candles before

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 29 KB
5 traders viewing now