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USD/CAD

  • #11,501
  • Jun 19, 2017 3:58am Jun 19, 2017 3:58am
The pair rebounded from 1.3200 after forming a pin bar on the H4 time frame. I think it will rally back to 1.3300 as part of the correction above the support at 1.3160 - 1.3200.
  • #11,502
  • Jun 19, 2017 12:59pm Jun 19, 2017 12:59pm
long from 1.3195 and lookin @ 1.3390 area.
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #11,503
  • Jun 20, 2017 6:32am Jun 20, 2017 6:32am
I opened a long position too, at 1.3230. For the moment my target is at 1.3300, depending on how it develops there I may keep it open.
  • #11,504
  • Jun 20, 2017 7:01am Jun 20, 2017 7:01am
keep in mind that there are the Oil Inventories tomorrow, so today is not expected to be the very volatile day for the CAD
  • #11,505
  • Jun 21, 2017 1:09am Jun 21, 2017 1:09am
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD-print.jpg Size: 172 KB
  • #11,506
  • Jun 21, 2017 7:14am Jun 21, 2017 7:14am
I closed my long position once the pairing reached 1.3300, I think it is forming a consolidation channel between 1.3180 and 1.3300.
  • #11,507
  • Jun 21, 2017 8:36am Jun 21, 2017 8:36am
Quoting dianajs
I closed my long position once the pairing reached 1.3300, I think it is forming a consolidation channel between 1.3180 and 1.3300.
i dont think its too late to reopen that lonng
  • #11,508
  • Jun 22, 2017 8:11am Jun 22, 2017 8:11am
Quoting Venomousssss
{quote} i dont think its too late to reopen that lonng
I did notice the rally but I preferred to wait it out, then I opened a short from 1.3330.
  • #11,509
  • Jun 22, 2017 8:22am Jun 22, 2017 8:22am
Has anyone else sold Loonie?

Let's see how much lower the current bearish trend can extend:

Attached Image (click to enlarge)
Click to Enlarge Name: Oanda-usdcad.JPG Size: 576 KB


Regards,
1GoodTrade
---------------------
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  • #11,510
  • Jun 22, 2017 10:59am Jun 22, 2017 10:59am
Daily chart -- this pair is in a correction -- all 3 wave corrections are sells. Still expecting the big move to 1.24
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 115 KB
  • #11,511
  • Jun 22, 2017 11:01am Jun 22, 2017 11:01am
buy at 1.3225...target 1.3430...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 14 KB
  • #11,512
  • Jun 23, 2017 3:30am Jun 23, 2017 3:30am
Sell @ 1.3225. Tp 1.2968. (",)
  • #11,513
  • Jun 23, 2017 5:37am Jun 23, 2017 5:37am
Quoting Ksth
Sell @ 1.3225. Tp 1.2968. (",)
Waiting for the news in 2 hours time? Or confident?
Gone to a better place
  • #11,514
  • Jun 23, 2017 6:05am Jun 23, 2017 6:05am
Quoting smikester
{quote} Waiting for the news in 2 hours time? Or confident?
Yes waiting news.
  • #11,515
  • Jun 23, 2017 6:30am Jun 23, 2017 6:30am
With higher lows on the weekly but no convincing trend to trade, I'm waiting for a decent move off this 1.3XX consolidation and guess which way I'm guessing?
Gone to a better place
  • #11,516
  • Jun 23, 2017 6:44am Jun 23, 2017 6:44am
1.3xx consolidation

i had to go to wk chart to see out of your 1.3xx consolidation


you have to have a lot of patience to trade the weekly chart, and news dont concern you cause they are surely inside your 1.3xx consolidation.
The risk is what gives value to an investment.
  • #11,517
  • Jun 23, 2017 7:05am Jun 23, 2017 7:05am
Quoting 3cent
1.3xx consolidation i had to go to wk chart to see out of your 1.3xx consolidation you have to have a lot of patience to trade the weekly chart, and news dont concern you cause they are surely inside your 1.3xx consolidation.
Yes. You are right. I want in on a move to 1.5+. I keep trying and I have been buying since 1.13. (unfortunately I don't hold any of those trades). I'm making steady profits, though, off shorts and longs.
Gone to a better place
  • #11,518
  • Jun 23, 2017 8:16am Jun 23, 2017 8:16am
Yesterday's aggressive down move was only 3 waves down, suggesting another corrective move higher. The trend from May remains down, however.
  • #11,519
  • Jun 23, 2017 9:34am Jun 23, 2017 9:34am
Wew. nearly hit my stoploss (",)
  • #11,520
  • Jun 25, 2017 5:14am Jun 25, 2017 5:14am
Currently out of the trend channel, staying away from this pair for now.
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