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  • #10,001
  • May 8, 2016 2:01am May 8, 2016 2:01am
Quoting rahulkghosh
Hidden
By the same token; Saudis want non OPEC countries to cut oil production to raise oil price .........

I wouldn't be surprised either who is behind the Fort Mcmurray fire ...........

Connect the dots ..............
  • #10,002
  • May 8, 2016 5:13am May 8, 2016 5:13am
Quoting gnomoneey
{quote} This FIRE is not small This will devastate Canadian economy and the longer it goes the higher ucad will climb.

Quoting gnomoneey
{quote} Canada is 5th largest producer but in retrospect is only 30% of usa's production....losing 10% of world production might bring up oil prices but the actual economic damage it will have on Canada is much more devastating.
LOL, you are really unable to put things in perspective...how can we lose 10% of the world's oil production because of the wildfire, if all of Canada produces 4% of the world's oil, and the wildfire has not noticeably affected oil production there?
Also, you said the fire will have "devastating" effects on the Canadian economy, but amount of people affected by the wildfire is barely 0.3% of the canadian population.

Still, I feel sorry for the people of Fort McMurray.
  • #10,003
  • May 8, 2016 5:55am May 8, 2016 5:55am
Quoting Xumm
{quote} {quote} LOL, you are really unable to put things in perspective...how can we lose 10% of the world's oil production because of the wildfire, if all of Canada produces 4% of the world's oil, and the wildfire has not noticeably affected oil production there? Also, you said the fire will have "devastating" effects on the Canadian economy, but amount of people affected by the wildfire is barely 0.3% of the canadian population. Still, I feel sorry for the people of Fort McMurray.
Sorry miss typed. Should have been 1%......I corrected post
Wooooohooooo or Boooooohooooo
  • #10,004
  • May 8, 2016 1:17pm May 8, 2016 1:17pm
Quoting rahulkghosh
Hidden
How did the Rothschilds cause the Japan earthquake?
  • #10,005
  • May 8, 2016 1:18pm May 8, 2016 1:18pm
Quoting Borowikbo
{quote} How did the Rothschilds cause the Japan earthquake?
HAARP
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #10,006
  • May 8, 2016 1:19pm May 8, 2016 1:19pm
Conspiracy theory..!!
  • #10,007
  • Edited 1:36pm May 8, 2016 1:23pm | Edited 1:36pm
Oil is gonna break 50 with all canadian fire damage caused and USDCAD gonna tank hard guys watch out!!!! (buy d dip is d way to go)

Courtesy : http://edition.cnn.com/2016/05/08/am...ada/index.html

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Scoobi doobi doo
  • #10,008
  • May 8, 2016 1:30pm May 8, 2016 1:30pm
Quoting gnomoneey
{quote} This FIRE is not small http://www.cnn.com/2016/05/07/americ...e-2/index.html This will devastate Canadian economy and the longer it goes the higher ucad will climb. The other thing it might also do is devastate oil production and exploration.
oil up ucad down
Scoobi doobi doo
  • #10,009
  • May 8, 2016 1:37pm May 8, 2016 1:37pm
Not necessarily - the correlation will be broken

Just wait and see
  • #10,010
  • May 8, 2016 1:39pm May 8, 2016 1:39pm
If people think USDCAD will go up because of the fire... Then it will actually go down....
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #10,011
  • May 8, 2016 1:40pm May 8, 2016 1:40pm
yeah that definately will cause volatility.

Though I also agree with Mr Ken. The impact on UCAD lacks clarity. Could actually be the reverse - UCAD can actually take out 3000 now.

let's see what happens that one is worthwhile adding on the watchlist.

1 mln of bbls/oil roughly production at those oil fields, 1/4 of all the canadian oil output, yeah, that's pretty serious business overall.
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  • #10,012
  • May 8, 2016 1:40pm May 8, 2016 1:40pm
Quoting Ken A
{quote} By the same token; Saudis want non OPEC countries to cut oil production to raise oil price ......... I wouldn't be surprised either who is behind the Fort Mcmurray fire ........... Connect the dots ..............
I have it was the yanks ...Oil goes up and so does the Dollar with all the stolen ME oil
  • #10,013
  • Edited 2:51pm May 8, 2016 1:49pm | Edited 2:51pm
Not sure how many or any that pay attention to AUDCAD .........

RBA just cut 25 bps .......

And for those who didn't follow what's going on, read and analyse this impact;

Saudi Arabia replaces oil minister in cabinet reshuffle
  • #10,014
  • May 8, 2016 2:14pm May 8, 2016 2:14pm
Quoting rahulkghosh
{quote} HAARP
But HAARP was fully closed in 2015. What is weird is that similar antennas like in Canada can be seen also in Akrotiri in the RAF Airbase.

So Rothchilds would put up a fire in Canada to hike the oil prices.
  • #10,015
  • May 8, 2016 2:18pm May 8, 2016 2:18pm
usdcad at 1.29330
Drawdown is more important than Account Size !
  • #10,016
  • May 8, 2016 5:17pm May 8, 2016 5:17pm
Some nice posts here to start the week. Warning, probably don't want to read these if your Jewish. Temporally suspended huh!? well didn't see that coming.

http://www.forexfactory.com/showthre...586816&page=19

http://www.forexfactory.com/showthre...586816&page=20

Anyway, good to see CAD move so far.
  • #10,017
  • May 8, 2016 5:19pm May 8, 2016 5:19pm
Perhaps someone has been brainwashed by these guys?

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  • #10,018
  • May 9, 2016 12:35am May 9, 2016 12:35am
Looks like it's a good time to go short USD/CAD against 55 DMA (SL 50 pips: TP 100+ pips). Risk reward looks astonishing at this moment.

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  • #10,019
  • May 9, 2016 5:06am May 9, 2016 5:06am
Quoting o0ehsan0o
Hello traders The real break out happened in USDCAD H1 and this currency touch 1.3150 soon... Regards Ehsan. {image}
USDCAD reach to my first level(target) after break out this level we can hold this deal to next level (1.3168)
Regards Ehsan.
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  • #10,020
  • May 9, 2016 7:08am May 9, 2016 7:08am
Very quiet in here
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