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USDCAD
Sep 08, 2017 at 11:57
arigoldman posted:
A new bottom in sight. Expecting more downside.
Me too. Frankly, I would be surprised if it stops depreciating at 1.2000, which it will almost certainly reach soon.
I agree with you guys.. but news at 8:30 will determine if we see more downside this morning during the US session towards 1.2020 , or a correction.. to 1.22... follow the herd ;)
best of luck to you all
N
A new bottom in sight. Expecting more downside.
Me too. Frankly, I would be surprised if it stops depreciating at 1.2000, which it will almost certainly reach soon.
I agree with you guys.. but news at 8:30 will determine if we see more downside this morning during the US session towards 1.2020 , or a correction.. to 1.22... follow the herd ;)
best of luck to you all
N
patience & discipline lead to wisdom ... & profits ! ;)
Member Since Oct 02, 2014
905 posts
Sep 11, 2017 at 13:48
Staying away at the moment but i see a good buying level a little lower around 1.19.
Positivity
Sep 14, 2017 at 11:24
USD CAD is stock in a "moving average triangle" 😲 ( H4 & H8) consolidating before the CPI news at 8:30 .. if the 1.2190 high fails to resist, further correction leads us to the 1.2220 and then the 1.2335 zone while a move south should first break the 1.2160 to then re-test the 1.2080 & possibly the 1.2060 lows
good luck to all
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Member Since Oct 02, 2014
905 posts
Sep 18, 2017 at 17:16
I'm really waiting to go long on the pair!
Positivity
Sep 19, 2017 at 11:30
Now would be a nice spot to go long on USDCAD.. right at the 38% daily fib retracement level around 1.2275.. given that yesterday's candle appears to be a "mother " candle. Otherwise, around 1.2235 is the next level to consider, but will it go there ?
fellas, tomorrow is the US rate decision (14h Eastern time) good luck to all
FYI I love reading your input, all of you, and I thank you for that !
N
fellas, tomorrow is the US rate decision (14h Eastern time) good luck to all
FYI I love reading your input, all of you, and I thank you for that !
N
patience & discipline lead to wisdom ... & profits ! ;)
Sep 20, 2017 at 13:58
totally in agreement with you Dianajs .. if 1.2235 holds.. next "true" resistance will be around 1.2360.. could flash up to 1.24.. especially with a potential hike in interest rate later on today..
patience & discipline lead to wisdom ... & profits ! ;)
Member Since Oct 02, 2014
905 posts
Sep 26, 2017 at 13:23
I missed selling at 1.24. I hope it gets back so i can go short.
Positivity
