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USD/CAD

  • #10,661
  • Sep 28, 2016 7:46am Sep 28, 2016 7:46am
Quoting USD-charts
{quote} Am I one of the few who see it dropping?
I think so.
There's always money in the banana stand.
  • #10,662
  • Sep 28, 2016 8:27am Sep 28, 2016 8:27am
So far there is no signal that it will start dropping. USD/CAD is testing the resistance at 1.3270, I think that if it breaks out above that level it will reach 1.3300 or even 1.3340.
  • #10,663
  • Sep 28, 2016 10:27am Sep 28, 2016 10:27am
I can't guess on if the price will resume up or down. I just don't know! I'm to stupid to see the futur. Scalp and see for now.
Loon is compressing hard so it can shoot both ways. ''End of the month so I guess they will get the best price possible before swap.
Sorry for my bad english.

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  • #10,664
  • Sep 28, 2016 11:37am Sep 28, 2016 11:37am
Quoting USD-charts
{quote} Am I one of the few who see it dropping?
Looks like you were right for the day.
There's always money in the banana stand.
  • #10,665
  • Sep 28, 2016 11:57am Sep 28, 2016 11:57am
As long as energy is up, the prospect of interest rate hikes for USD even more so.
The coincidental success is more dangerous than the expected failure
  • #10,666
  • Sep 28, 2016 12:04pm Sep 28, 2016 12:04pm
Quoting LizardGizzard
{quote} Looks like you were right for the day.
It seems so. Ouf!
  • #10,667
  • Sep 28, 2016 12:37pm Sep 28, 2016 12:37pm
oh shoot. OPEC agrees to cut production. This now changes the dynamics for this pair
  • #10,668
  • Sep 28, 2016 12:44pm Sep 28, 2016 12:44pm
Quoting charron
oh shoot. OPEC agrees to cut production. This now changes the dynamics for this pair
Price was already engulf, no way it could have go higher from this level. Good news or bad news.
  • #10,669
  • Sep 28, 2016 1:11pm Sep 28, 2016 1:11pm
Quoting mertch
{quote} Price was already engulf, no way it could have go higher from this level. Good news or bad news.
There is no guarantees in trading... come on now.

Pair will remain volatile because of usd data, cad data and oil price, inventories, rigs, etc.. Careful out there
TE started 6/4/19
  • #10,670
  • Sep 28, 2016 1:16pm Sep 28, 2016 1:16pm
Quoting Marz30
{quote} There is no guarantees in trading... come on now. Pair will remain volatile because of usd data, cad data and oil price, inventories, rigs, etc.. Careful out there
You're right, I won't argue, sorry
  • #10,671
  • Sep 28, 2016 1:30pm Sep 28, 2016 1:30pm
Quoting LizardGizzard
{quote} Looks like you were right for the day.
worst part is The trade I had set up, I had to cancel it earlier today.... missed out on 160 pips.... today really will be one of those days Ill be angry with myself
  • #10,672
  • Sep 28, 2016 11:03pm Sep 28, 2016 11:03pm
Due to down trend of oil USDCAD also started to going up From last two weeks.
  • #10,673
  • Sep 29, 2016 12:41am Sep 29, 2016 12:41am
Hi guys,
have look at my USD/CAD (and other majors) intraday levels. I started a new thread where I post new intraday levels every day. You are all welcome there: http://www.forexfactory.com/showthre...14#post9162014
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Happy trading
Dale
  • #10,674
  • Sep 29, 2016 1:39am Sep 29, 2016 1:39am
that pending I've been talking about is now 180 pips in my favour,
look @ the charts & make your call;
sometimes the calls here are just...
anyway SL now positive and don't care (hoping for 1.295 and reverse already in for 1.293)
  • #10,675
  • Sep 29, 2016 3:08am Sep 29, 2016 3:08am
The pair did drop yesterday and found support at 1.3050. So far it's rebounding from it, but I think that if it does break below that level it will reach 1.2940 - 1.2930.
  • #10,676
  • Sep 29, 2016 4:05am Sep 29, 2016 4:05am
Profit +10 pips on my intraday level I posted earlier today. Happy trading guys and I hope some of you took it
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  • #10,677
  • Sep 30, 2016 12:22am Sep 30, 2016 12:22am
Hi guys, have look at my USD/CAD (and other majors) intraday levels. I started a new thread where I post new intraday levels every day. You are all welcome there: http://www.forexfactory.com/showthre...14#post9162014
Happy trading Dale
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 38 KB

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  • #10,678
  • Sep 30, 2016 2:49am Sep 30, 2016 2:49am
I am tracking the loonie (USDCAD) and it is operating in an ascending channel. However, recent price action is testing a southern mood. A likely scenario is to retest the 61.8 Fib from the most recent swing to the downside. If this is successful, a downward move is likely to target the next significant support zone adjoining the monthly pivot.

KP

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Do your homework, follow the footprints of smart money
  • #10,679
  • Oct 2, 2016 1:07pm Oct 2, 2016 1:07pm
pay attention for this:-
http://www.investing.com/news/econom...-office-429865
  • #10,680
  • Oct 4, 2016 1:58am Oct 4, 2016 1:58am
I see 1.3 before the weekend in my crystal ball. What about you guys?
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