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USD/CAD...

post #1 of 942
Thread Starter 
use this thread for your charts, calls and discussions on the Dollar-Cad or "loonie" as its sometimes known..
post #2 of 942
just made 44 pips on this one off the news! still moving but i made money so im happy
post #3 of 942
Quote:
Originally Posted by mattman27
just made 44 pips on this one off the news! still moving but i made money so im happy
Good Job! I love news days now, they almost always have a good move to play.
post #4 of 942
Well I had a very nice trade going off the news this morning that is until my boss walked in !#$!$!# me all up! I was long the loonie riding the positive housing numbers for over 20+ pips patiently awaiting the Interest Rate Statement when my boss walks in and wants to "go over something..." with me and "get my feedback". When I got back to my desk of course it had plummeted 50+ pips the other direction!

I think I need to start taking the laptop to a bathroom stall or janitor's closet around the big news events.
post #5 of 942
good idea, or just set a trailing s/l.
post #6 of 942
Quote:
Originally Posted by XxLessoxX
good idea, or just set a trailing s/l.
That is one of the few things I don't like about oanda's platform no trailing stops. I had a manual sl in place so it wasn't really that bad just that I missed a ton of pips going the other way that I would have gotten if I was babysittin it.
post #7 of 942
This looks to have broken through the significant resistance @ 114. Time to go long?
post #8 of 942
8:30am CAN Retail Sales m/m -0.6% 0.1% 1.7% [read]

8:30am CAN Retail Sales excl. Autos m/m -0.2% 0.4% 1.9% [read

both numbers were lower than forcast-.6 and -.2 respectively, should have made a good play for long.
post #9 of 942
I made a quick 17 PIPS and got out on the employment numbers this AM. I got in late as it looked like the numbers came out early?? The price jumped 50 PIPS in a matter of seconds about 3 minutes before 7:00 EDT
post #10 of 942


It did start moving 3 minutes before. The press was weird this week. They farked up the AUD interest rate announcement.
post #11 of 942
shorting usdcad at 1.1243 today
post #12 of 942
anyone have an opinion on usdcad ?
post #13 of 942
I'm short @ 1.1274,looking to scalp a few pips
post #14 of 942
Closed position @ 1.1270 for 4 pips.
post #15 of 942
Long some positions on USD/CAD, I feel they will use the ole 'oil prices drop, CAD$ weakened' excuse.
post #16 of 942
Holding from 1.1065, there is some resistance to get over, lets see how this does today.
post #17 of 942
1.1129 KACHING!!!
post #18 of 942
good trade StockJock! That pair was acting crazy last week.
post #19 of 942
I just couldnt see new lows on the USD/CAD at this time. This breakout was a nice move.

I do however see a possibility of a long term buy here, we are talking a few weeks. I might take a small position and try forget about it for a while.
post #20 of 942
USDCAD all over the map today

Im glad I got out when I did.

Tempted to take a long here, but too many sellers are scaring me, I dont see a good short either. There are some serious support levels down here, but this wave of selling is trying to test it again.
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