Usd/cad

MasterRaistlin · Jun 27, 2006

oh yes I meant no disrespect by my question. I'm currently on the sidelines just trying to learn get reasons why people are taking the trades they're taking. IMO, while the 1/4 point may already be priced into the market, there is still a LOT of fear/indecision about the 1/2 point. So that and the fact that we haven't had our usual end-of-the-month inflow into the CDN dollar yet (and possible support @ .12) makes me think that we could be headed higher.

I very well could be wrong b/c I don't know much about this market but those are just my observations.

downrivertrader · Jun 29, 2006

Taking half off at 1124. = 106 Points

Keeping my eye on things for now. Letting rest ride to 1060.

DRT

Quote from downrivertrader:

Long trade closed at 1.1230 for 151 points. I reversed and am now short at 1.1230

Target 1.1120
Target 1.1060

If it moves on up and builds value then I will cover and take a look.

DRT

Kastro_316 · Jun 29, 2006

Closed short at .1133 and took 51+ pip profit.

Staying out of this one for now.

Take care,
-Kastro

MasterRaistlin · Jun 29, 2006

Good call guys. Clearly my n00bish assumption was incorrect for the time being. Crossing my fingers we'll head higher in the next few weeks so I can get some value out of my paycheque though..LOL.

Cheers

Kastro_316 · Jun 30, 2006

Anyone catch this current move? I got in at .1098.

-Kastro

downrivertrader · Jul 3, 2006

I am going to look to get long on a run down. I'd like to see a move down to the 1072 area to do this.

Looking for the pair to regain the 1130 area then onto

1230
1350

If things don't move out of the 1130 area I will get out as we will likely head lower.

Good trading everyone.

DRT

downrivertrader · Jul 4, 2006

I've got a buy order in for 1051. May not come back though. If it does I will get long. Otherwise I will wait for 1130 area to decide.

DRT

downrivertrader · Jul 5, 2006

Looks like I got filled last night. Long at 1051.

I am looking of the market to retake 1130 and then

1230
1350

I will keep a tight stop on this one as it may act a little loonie.

DRT

Quote from downrivertrader:

I've got a buy order in for 1051. May not come back though. If it does I will get long. Otherwise I will wait for 1130 area to decide.

DRT

Kastro_316 · Jul 5, 2006

Closed out at .1132
66+ pips

-Kastro

chafro · Jul 5, 2006

Quote from downrivertrader:

Looks like I got filled last night. Long at 1051.

I am looking of the market to retake 1130 and then

1230
1350

I will keep a tight stop on this one as it may act a little loonie.

DRT

Nice trades in all currencies!!!!