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Out usdcad short at 1.1540 lots of mixed reviews and statements in FOMC meeting no more trades today

The straddle i put on did not work as well as I intended ... still waiting for the usdcad to go for support at 1.1550s - 60s Maybe it was not such a good idea to straddle on second tier Canadian econ data and in front of the minutes of the FOMC meeting.

Out USDCAD Long @ 1.1615 all looking to straddle upcoming Canadian econ numbers 20 pip stops and 70 pip limit gains looking to straddle 1.1615 aka long USDCAD @ 1615 and short USDCAD 1615

well if you are looking at light sweet crude then I would have to point out that most light sweet is drilled in the gulf of mexico, however that price does have an affect on crude prices in general I remember that generally a sharp move will have an effect because those contracts are usually...

CI?

usdcad off its highs around 150 pip ... going long and looking for 1 standard FIB retracement Long USDCAD avg 1.1640 target 1.1690s - low 1.1700s tight stops at 1.1620s I am looking for some solid consolidation on the 5 minute charts ... If this doesn't happen then I know for sure it...

OOPS Canadian CPI better than expected too !

Covered short at 1.1730 (limit) What a turn around on US housing numbers! Might do an anticipation play on FOMC meeting transcripts. Not sure of what direction. I will need to look at econ data for the past few months.

Opened a tentative short in USDCAD. Price action suggests that the recent move is US dollar based. However I am not 100%. Short @ 1.1780 Stop @ 1.1799 Target @ 1.1740 Open short orders in the low 1.1800s This short is to test the temporary ceiling around the 1.1780s. And the wedge...

Just something Interesting to show you guys ... If some of you are taking a position right now ... There is a consolidation wedge forming on the 4 hour chart. This could mean that a breakout from this wedge could be news driven, since the recent dollar weakness and other external forces have...

That is interesting ... I will have to look at that relationship more closely. However I should remind you that the US is Canada's largest trading partner (NAFTA). Thus I am more inclined to side with the opposite relationship ... EURCAD tracks the USDCAD. Plus the EURUSD is up which...

Well there are a lot of factors that go into pricing the USDCAD ... notice how weak the USD was against other major currencies, yet the dollar was stronger than the CAD. There must be some reason for this. 1.1775 I remember was a mild support level one week ago. However that support broke...

Mar 14 2007 Ok I am clear out of all my usdcad longs at 1.1775 reason: Gold is down big (almost $10) but that only realized 25 more pips in my favor unsure about how the JPY will affect USDCAD and this market. I might try a temporary short if usdcad rise to around 1.1800 (testing if...

After looking at all "comparables" I have discerned the following for the current uptrend in the USDCAD USDJPY is a relative strength winner when compared its canadian counterpart Also metals (gold) and crude are off their relative highs. " 1949 GMT [Dow Jones] USD/CAD ended higher...

Open long USDCAD @ 1.1695 target @ 1.1792 stop @ 1.1670 new stop @ 1.1710 Sorry I did not alert you readers but i was busy trading the JPY contracts. Seems like we are stuck in a range. Maybe the inflation data for the US coming up this week will break us out. However estimates...

mar 12 2007 ... no more trades in the usdcad until there is more information on this subprime lending bust. unfortunately this US subprime lending fiasco is not affecting the usdcad currency pair ... however it is making direction and potential and expectations hard to guage. Maybe...

Mar 12 2007 ... well thats it .. out my longs in USDCAD ... waiting for numbers at 830 EST US

Mar 11 2007 Ok I have been getting long in the teens ... looking for some retracement off of Fridays lows ... I am looking at moves that take in expectations for Tuesday's US retail sales numbers. I do not expect anything big on Monday's Canadian labor numbers but am still cautious...

I agree ... it really seems to depend on wheter the USD gets really weak ... and temporarily dollar looks bullish ... Lehamn says it is looking for short squeezes in the USD. To me the USDCAD looks to have double bottomed according to recent short term charts... and seems to be flagging...

Mar 09 2007 cont... thank goodness for my stop out *cheers* Canadian numbers (in my opinion) look awesome versus their American counterparts plus there was a huge trade surplus change. but unfortunately it does not seem that pricing would reflect this ... USDCAD only going as low as...