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Well I have to say ... b4 Memorial Day weekend there must be no one around to buy the USDCAD That "RIVER" method is very accurate almost to the T ... is there a website or instruction manual? Well I have to say I put on two trades to short the USDCAD (in the 0850s) after seeing the...

oh man now I am pissed I use to not use stops ... thus i lost a lot on the jpy carry unwind You are right I need to manage my risk better ... but I think stop losses are still prudent I guess I will have to change the way I target my stops good luck good trading its nice outside...

oh well just got stopped in USD @ 0810 there are no real (50+ pip) up move in the last week .. well that I could profit on anyway. Waiting for lower levels to buy but too low for me to short until next time looney

Whats going on? no usdcad ideas? just herd mentality? well herd mentality says this forum is becoming about herd mentality:D

FRESH lows in USDCAD b4 the Canadian Leading Indicators prompted me to get long USDCAD @ 0825 LEI being in-line with expectations could help my long position we will see The dollar index is also at a crucial level and after last night's dollar slaughter I am looking for some profit...

well there goes the channel support oh well next week is a new week hopefully I can get a front nine in before it rains today have a good weekend

Ok again I am going to go long USDCAD against the trend USDCAD hit Daily Channel support ... well broke it a little by 2-6 pips but I am going to play the bounce Opened USDCAD long @ 0921 looking to add after the selling pressure dies down. I am looking for 50 - 80 pips stops below...

PLUS I heard rumors about drug dealers using EUROs instead of dollars as their currency for transactions. This could be a sign that the EURO is the current preferred currency

Oh come on ... pricing is all relative. Even though the US has higher rates than lets say EUROzone its all about potential. And I think everyone thinks the Eurozone is a safer bet interest rate wise, growth wise and inflation increase wise than the US. The days of college graduates making near...

Well I was long that relief rally ... if you can call a 150 pip move a relief rally for a 900 pip drop. Basically I was hoping for 200 - 300 pip which would be a decent profit taking/relief rally after 900 pips. So I thought we would snap back to mid to high 1200s. Thats where I had my short...

anyway ... I am not going to get into a crazy economic battle ... thats for greenspans to figure out I just trade expectation Ok well I have put on another trade in the USDCAD Long USDCAD @ 0979 & 0988 (based on no breakdown ...yet, from charts it looks like it should have had the...

So you agree that the Canadian currency is appreciating due to interest rate differentials? (which were my thoughts, but then you brought up some good commodity ideas) You dont need a pipeline to transport oil ... just super tankers plus China is probably going to step up its spending...

But what happens when China starts buying resources from Canada when the US stops? The Chinese will see cheap resources in Canada due to less demand from US. Thus indirectly making the CAD more valuable than the USD. Is this a possibility?

CPI numbers for Canada were better than expected (not that much better) which would suggest that there is still inflation. But I am not convinced that 0.1% over expectations will push us further into the abyss that is USDCAD. However on my last long from 0970 and which I added @ 0984 -...

well well what is going on? mudslinging is terrible ... trading ideas with reasons backing them is better spaghetti and meatballs is not going to help the usdcad anyway ... I went bottom fishing because I am taking a contrarian view ... my first attempt was a buy @ 0985 which ended up...

All these recent econ numbers are confusing, plus we had a small relief rally that is at 100% retracement. I have no opinion of the USDCAD at the 1000s level ... I am waiting for Canadian CPI to determine what to do ... or maybe more research into what others think about the upcoming CPI...

Heh I dont want to assume about what commodities are in play and how the usdcad lags ... However I am suspicious on how the audusd does not experience a similar lag. I still believe the spec shorts on usdcad are easing because there are no renewed signs of Canadian inflation. Bascially...

sorry guys I have been MIA But I also have been waiting for the friday canadian employment numbers to compare against US PPI numbers today (friday) Well anyway... I guess there is no momentum to the Canadian job growth (there was negative job growth). Even the smallest positive job growth...

ok gents ... looks like we have a heated discussion about economic conditions in the US and Canada and relative conditions, etc etc I agree with paulson, the USDCAD spot does trail the oil future. However, consider this, will any trader currently care what oil is doing right now when it...

USDCAD had a chance for a relief rally today but there was none to be seen. Furthermore, there isn't anything solid technically that would make the usdcad a buying opportunity until the 30 year low of 1.0928. The downside support channel that I have pointed out in a previous post has been...