Usd/cad

Quote from Ivanovich:

Dunno 'bout you folks, but I've gone long - heavy - at .1640

Stop is way down below .1505

Cheers,

Ivan

TP reached at .1720

80 pips, @400,000

Cheers,

Ivan
 
Quote from FXsKaLpEr:


The Kin, were you long CAD against the yen since April, i.e., did you put the full 1500-pt trend in your pocket?

I've been in and out of CAD/JPY. I've captured maybe 400 pips of that by my estimates which is still not bad. USD/CAD has been more of a longer term position.

Where do you see CAD/JPY going now, up further? [/B]
It had a sweet run-up recently and I've enjoyed it although who knows where it will go from here. I'm new to ForEx and my unsophisticated style of trading appears to work - for now.
 
TP reached at .1720

What does TP stand for?

With Refcofx they call it LIMIT, which is the level you set to close your position at a profit. Good for catching spikes.
 
Quote from FXsKaLpEr:

does that include the 160-pips you lost "@400,000" on the way up?

LMAO

I'm sorry, which 400,000 was that? I never lost $6400 or anywhere near that on CAD my whole life. My last four trades on USD/CAD were sure winners. Two I posted here for all you to see. Maybe I should take a long AND short out on CAD, eh?

Also, I said absolutely nothing to any of you about a CAD/JPY position.

And TP is "Take Profit". Just like SL is "Stop Loss". Jeez, how many things can a person be wrong about on a single thread?

Actually, you know what? I'm no longer going to post the positions I take on this forum. Just aint worth it with the TroLlZ.

Cheers,

Ivan
 
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