Im insider trader buy usdcad all someone tell me that canada alr start pulling out oul business
- #10,762
- Oct 21, 2016 10:32pm Oct 21, 2016 10:32pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #10,763
- Oct 21, 2016 10:58pm Oct 21, 2016 10:58pm
- Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
USD Est Non Mortuus
- #10,765
- Edited 2:50am Oct 22, 2016 1:59am | Edited 2:50am
- Joined Aug 2013 | Status: Trader | 4,894 Posts
Pride always comes before destruction.... -Proverbs 16:18
- #10,766
- Oct 22, 2016 2:55am Oct 22, 2016 2:55am
- Joined Jul 2011 | Status: Lord Of War | 1,853 Posts
{quote} please try posting that again so we can understand what you are trying to say thank you
David what you think about USDCAD? i like ur views thats why i ask.
Oil is pretty high so I think we are going down again for little bit maybe to 1.3270-80 area and then up again. She is still in channel
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- #10,769
- Oct 22, 2016 8:20am Oct 22, 2016 8:20am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote}
I believe yes 50-75 pip retrace is possible from current price however after terrible lame dovish Poloz press conference when he said basically they were real close to lower rates suggesting next meeting that could happen send a massage in the market that basically start pricing in the rate cut.
Having this as background and Feds possible hike in Dec bulls have it in control.As always anything can happen in the market including serious red data on US economy that could change the sentiment on greenbacks from now until Dec. There are signs that US economy is not as green as it should be for rate hike mainly unemployment numbers increasing,decreasing job creation and recent red manufacturing numbers
regards
In trading, you have to be defensive and aggressive at the same time
- #10,770
- Oct 22, 2016 3:28pm Oct 22, 2016 3:28pm
- Joined Jul 2011 | Status: Lord Of War | 1,853 Posts
{quote} Hi Egshack I believe yes 50-75 pip retrace is possible from current price however after terrible lame dovish Poloz press conference when he said basically they were real close to lower rates suggesting next meeting that could happen send a massage in the market that basically start pricing in the rate cut. Having this as background and Feds possible hike in Dec bulls have it in control.As always anything can happen in the market including serious red data on US economy that could change the sentiment on greenbacks from now until Dec. There...
will be fun if Canada dont cut rates.
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- #10,779
- Oct 24, 2016 10:23am Oct 24, 2016 10:23am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
I'm long here 3355 but still under the spread, entry is uptrend pullback lower tail in support areas, looking for correlation of eudusd to fail on short term reversal attempt and oil has a trend line resistance area here, as I type now at BE so at least I just made the spread, target is a scalp of 5 or so i'll take 4 off at 5pip, leave 1 to run if I'm so lucky.
