Set up on USD/CAD

Quote from kid.fx.cross:

I have a very large following of fans who live or die financially based on whether I am long or short USD/CAD
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Then you should have no reason not to post a screenshot of your entry, kid.
 
Quote from Lucrum:

Then you should have no reason not to post a screenshot of your entry, kid.
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ok, tell me how to do it without posting my account number

it's no big deal

I am very superstittous and rely a lot on luck

my charts aren't working, but apparently is was a good fill

I was long almost all of December at 592

what a miserable month that was until dec 30

I'm long from 596

which apparently was a very good entry

man, you are killing me, CAD is just one of many

all my others are small losers

but yes, wouldn't it be nice if you could do that every day?

at anyrate, I would be long from 632 if it wasn't for the 2 hours I was on the phone with ib
 
Quote from kid.fx.cross:

ok, tell me how to do it without posting my account number
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https://www.google.com/search?q=scr...tware+download&rls=org.mozilla:en-US:official


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In general, the USD/CAD is very, very difficult to trade.

I mean look at this 1h chart, how can you trade this garbage (no offense to our Canadian friends)? :confused:



usdcad.png
 
I don't know what chart you are looking at

generally speaking CAD is the most benign of the six major pairs

GBP or "The Great British Pound" or what I call "The goddamned british pound " is all over the place

Cad and aud are considered "commodity currencies" due to the mining

if you like to spread you can often play them against each other

once that loonie starts trading above 700 it gets very interesting

at any rate nice call for the original op

I don't trade set ups, but that was a good one

and I will pay attention if he ever comes up with another one
 
Quote from Massimo1:

There is a tipycal "holy graal" set up on USD/CAD daily.
1) Large lateral from June to September with double max.
2) Trend starts in Sept from 1,020 up to 1,07
3) Retracement (pull back) to mm 20.
4) ADX (14) > 30 going down after a max.

higer probability now for a rebound up with possible target in the area of the precvious max 1.65-1.70
Stop either the min of the today bar for early position or mm 20 if the position is taken tomorrow after green bar.
A confirmation (a filter for entrance is needed on a shorter timeframe, for example 1 h)
Regards
Massimo
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just for you
I'm gong through my loonie trades
starting with the one you don't believe

bot 1.05967 Jan 2 10:18:02
sld 1.06376 05:03:48

sld 1.06376 05:06:29
bot 1.06182 08:00:52

bot 1.06117 08:14:54

and that's the one I'm currently long on

now please don't bother me anymore
 
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