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Thread: Usd/Cad

  1. #11738
    Member Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333's Avatar
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    I just wish I was awake at 2:30am-2:45am (EST)...I would have adjusted some of my holdings a little more than what my presets did...

    Oh well...can't win 'em all.

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  3. #11737
    Member Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777's Avatar
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    Because the MM can, that's why...

    With so many retail traders shorting USDCAD, how many were watching this movement and just wishing (praying...) that they could get in...? LOTS, I would bet...then when the "markets" reopened to us plebs...uhh, retail traders, it was right back where it had closed...

    The MM were just planting seeds to make all of us speculate as to where it was going next...Christmas Day HUGE spike up and New Year's Day HUGE spike down

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  5. #11736
    Member Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484's Avatar
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    changed sides.Rode down from top and now buying ..ifeel like oil wants to fall further
    so im taking profit around 1.3650 but set SL

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  7. #11735
    Member Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333's Avatar
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    I have a question.

    If the market is closed, why the price is moving? before the market opens and make those huge movements

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  9. #11734
    Member Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777's Avatar
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    Here's how I see USDCAD this week, from a technical perspective of a swing trader.

    On the daily time frame, price action is consolidating along an ascending channel (magenta) and is presently located near the channel support and a confluence of the horizontal support around the 1.33260 area. If there is a northward turnaround in that area this week, we may see bulls target the channel resistance or the horizontal resistance around 1.37500. Alternatively, a southward continuation is likely to result from the breakdown of the channel support, and may target the horizontal support around 1.31550.

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  11. #11733
    Member Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484's Avatar
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    This is fantastic ... positive US employment #'s didn't do anything. Oil recovering, us economy is a house of cards that's falling apart, Trump effect not fully felt yet. Next target 1.3335, hopefully before BOC. Post BOC, who knows?!

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  13. #11732
    Member Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333's Avatar
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    Fantastic man, really fantastic, weldone.......

    cheers to to all the short holders despite all the frustrations of holding shorts towards end of last year

    Now we can smile

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  15. #11731
    Member Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777 has a brilliant future Asif777's Avatar
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    Nice movement today. USD on thin ice right now. Potential for disappointing NFP followed by 10:15 Powell speech, rate cuts in 2019 etc ... could fall into the 1.33's tomorrow. Next week BOC is a whole other story ... I really think we can drop under 1.30 Q1

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  17. #11730
    Member Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484 has a reputation beyond repute Hanif484's Avatar
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    If the support at 1.3380 on daily chart will be broken, than a new range is open till 1.28 area.

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  19. #11729
    Member Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333 has a brilliant future Tanveer333's Avatar
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    Trading is always tentative. None of my buy limits were filled, but I don't think I missed the train. We are still hanging out at important levels, it'll likely take the news this week to make or break the trade. I am looking at the 1.3125ish level. The whole point is to work to find the longer term entry zones. I would avoid being long at this time unless you're scaling in.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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