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  1. U

    Loonie ... the infamous USD/CAD

    changed stops to 1360 added more short usdcad @ 1340 target 1280
  2. U

    Loonie ... the infamous USD/CAD

    Waiting for the USDCAD to move is like torture these days ... Anyway ... another shorterm idea before Canadian and US numbers Short USDCAD avg price 1327 stop 1340 target 1260s - 1280s Longterm thoughts ... since the USDCAD has recently dropped 500 pips we might see a relief rally...
  3. U

    Loonie ... the infamous USD/CAD

    well i saw the rally from 1.10 - 1.18 as a definite break in trend ... and a sign of confidence in the US economy again imo this canadian strength is probably due to the fact that some believe what you just said up there ... and to the fact that commodity prices are skyrocketing out of...
  4. U

    Loonie ... the infamous USD/CAD

    why? just based on momentum? The Canadian economy cant be doing that well, can it?
  5. U

    Loonie ... the infamous USD/CAD

    Closed my longs @ 1405 + 21 pip avg (i was buying down from my first long @ 1387) ... usdcad is very weak compared to its other counterparts ... i.e. eurcad I was trying to see if 1410 would break however it was fruitless ... it seems a market moving econ data is the only thing that can...
  6. U

    Loonie ... the infamous USD/CAD

    ahh Gartman again sent out his newsletter and announced his short at 1475 ... You guessed it my stops went up like christmas lights ... The canadian dollar is way stronger than I expected. i do not see any real daily resistance until sub 1300 currently I am long for 1387 ... trying...
  7. U

    Loonie ... the infamous USD/CAD

    Just to fill all you readers in I am long USDCAD @ 114.75 and 114.65 I am definitely sweating it out right now because the four hour down channel has been breached on the downside and there seems to be no buy back interest I am looking to exit as soon as possible, however my instinct...
  8. U

    Loonie ... the infamous USD/CAD

    USDCAD trading in a tight and nearly un profitable range ... not sure what will cause a break out or break down still looking to play the daily / 4 hourly down channel the buy looks to be in the 1460s and 70s currently ... I have open buy orders up in that area I also have an open sell...
  9. U

    Loonie ... the infamous USD/CAD

    sorry typo ... I was long from 1495 and 1490 ... exited long at 1520
  10. U

    Loonie ... the infamous USD/CAD

    Last USDCAD this holiday week The long term trade strategy I mentioned earlier this week actually hit I was long from 1590 and 1595 and exited all at 1620 I did not want to take the long into the weekend. I will re-evaluate the trade next week...stewing down near this daily support...
  11. U

    Loonie ... the infamous USD/CAD

    New Short term trading idea use 20 EMA on USDCAD daily as entry point for short (currently 20 EMA @ 1.1620s) If trade active, look for retracement to near today's lows 1.1550s stops should be placed above 50 EMA on daily (around 1.1650s)
  12. U

    Loonie ... the infamous USD/CAD

    USDCAD bounced right off of daily channel support on the downside. I am looking for a re-test of that support before making a play in this currency pair reasons: - current macro conditions suggest that the usdcad pair should have enough momentum to breach this support - eurcad...
  13. U

    Loonie ... the infamous USD/CAD

    The Gartman Letter makes the call ... short usdcad and eurcad The letter came out at 2AM and the EURCAD lost 120 pips Gartman loves the Canadian economy and thinks that now the PQ will not be a threat of Quebec independence, there will only be Canadian Economic strength all spec long...
  14. U

    Loonie ... the infamous USD/CAD

    Covered the last of my usdcad shorts in the 1530s it took a long time but I think I got the trade I wanted The reason why I settled and am not testing the 1500s: 1- approaching daily down channel support 2- CAD GDP coming up in less than two hours 2- US PCE indicator coming up in less...
  15. U

    Loonie ... the infamous USD/CAD

    Put some in the money stops yesterday and got stopped out of 3/4 of my position the last 1/4 of my position has stops have stops at th 20 EMA on the daily = 1.1650 my avg price short = 1.1630s still wondering what will break this consolidation and if this is still a commodity currency...
  16. U

    Loonie ... the infamous USD/CAD

    USDCAD meeting a lot of support in the 1550s-60s ... still holding short strong - I expect worse US econ numbers - I expect better Canadian numbers However, I would really like the expectation to drive the USDCAD short rather than the news ... it would make me feel better
  17. U

    Loonie ... the infamous USD/CAD

    Any and all Canadians ... please tell me how serious this Quebec independence referendum is? I did not pay too much attention to this because I thought frankly it was silly but a lot of reports are coming out that say many people are worried over the Quebec independence referendum I...
  18. U

    Loonie ... the infamous USD/CAD

    I have been looking over the relationship between the usdcad and the eurcad and I believe there is a high correlation in tics speculation in eurcad must be high ... europe maybe looking to canada for a lot of resources? I am not sure still based on technicals, recent natural resource...
  19. U

    Loonie ... the infamous USD/CAD

    only got a couple lots in the 80s avg 1.1584 looking for a nice down move 50+ pip
  20. U

    Loonie ... the infamous USD/CAD

    new trading idea gold is up ... oil is up ... US interest rates looking to go nowhere ... CAD econ stats hint at interest rate increase recent USDCAD uptrend probably due to buybacks and sell-off relief Looking to short in 1.1590s - 1.1610s target low 1.1500s stop around...
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