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USD/CAD

  • #10,881
  • Nov 30, 2016 11:57am Nov 30, 2016 11:57am
I have two sells in right now on the H1.
one at the break and close below 1.3418 (small back arrow)
and one at the Daily Pivot after the annoucements from OPEC.

waiting to see if we follow this trend line down. What say you guys?
Attached Image (click to enlarge)
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  • #10,882
  • Edited 12:57am Dec 1, 2016 12:30am | Edited 12:57am
Actually I have a long position at 1.34150, and still waiting to see a great bull rush.

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  • #10,883
  • Dec 1, 2016 9:30am Dec 1, 2016 9:30am
i guess they will be a great fall!
having a sell
the target will be aboout 1.325
  • #10,884
  • Dec 1, 2016 2:02pm Dec 1, 2016 2:02pm
I don't agree, It will go up like a rocket soon, waiting patiently
  • #10,885
  • Dec 1, 2016 2:13pm Dec 1, 2016 2:13pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,886
  • Dec 2, 2016 9:06am Dec 2, 2016 9:06am
Quoting swimmax
I have two sells in right now on the H1. one at the break and close below 1.3418 (small back arrow) and one at the Daily Pivot after the annoucements from OPEC. waiting to see if we follow this trend line down. What say you guys? {image}
Still holding long term sell, anyone think we will be going back up to 1.33 range?
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  • #10,887
  • Dec 2, 2016 11:50pm Dec 2, 2016 11:50pm
Quoting swimmax
{quote} Still holding long term sell, anyone think we will be going back up to 1.33 range?
Should revisit 1.34 at some point.
  • #10,888
  • Dec 4, 2016 6:14am Dec 4, 2016 6:14am
WTI has reached strong resistance point on daily. If oil keeps rising then this pair should drop I think? Will wait for a major correction & see.
who dares wins
  • #10,889
  • Dec 4, 2016 12:33pm Dec 4, 2016 12:33pm
Bank of Canada policy decision on Wednesday: some are predicting a cut to 0.25%
It's a big game.
  • #10,890
  • Dec 5, 2016 8:13am Dec 5, 2016 8:13am
I went the following way on USDCAD today:
Sell stop - 1.3293.
Stop loss - 1.3339.
Take profit 1 - 1.3247.
Take profit 2 - 1.3203
I'll see what comes further, hope I caught it right!
  • #10,891
  • Dec 5, 2016 9:25am Dec 5, 2016 9:25am
Potential BUY Zone for final leg UP
  • #10,892
  • Dec 5, 2016 10:19am Dec 5, 2016 10:19am
some wave 5 and search correction
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  • #10,893
  • Dec 5, 2016 10:19am Dec 5, 2016 10:19am
I don't think that any significant retracement will begin before the pair reaches the support at 1.3200.
  • #10,894
  • Dec 6, 2016 1:53am Dec 6, 2016 1:53am
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  • #10,895
  • Dec 6, 2016 8:11am Dec 6, 2016 8:11am
I just wanted to update my expectations on this pair. I took profit#1 (1.3247) on USD/CAD yesterday. I look forward to take profit#2 (1.3203)
  • #10,896
  • Dec 7, 2016 3:47am Dec 7, 2016 3:47am
Quoting Haffizz
I just wanted to update my expectations on this pair. I took profit#1 (1.3247) on USD/CAD yesterday. I look forward to take profit#2 (1.3203)
whats the technical view for ur choice of that low?
  • #10,897
  • Dec 7, 2016 6:53am Dec 7, 2016 6:53am
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  • #10,898
  • Dec 7, 2016 7:08am Dec 7, 2016 7:08am
USD/CAD is consolidating sideways, but it has also formed a spinning top bar on the daily time frame above the support at 1.3230. A move to the upside is possible.
  • #10,899
  • Dec 7, 2016 7:43am Dec 7, 2016 7:43am
Trap for bears
  • #10,900
  • Dec 7, 2016 9:12am Dec 7, 2016 9:12am
We are coming to a crossroads,

Red Trend line is Daily Chart (upwards trend)
Orange Line is Hourly Chart (downwards trend)

Lets see who wins
Attached Image (click to enlarge)
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