Usd/cad

Depends what you're looking to do. If you're looking for a quick scalp, then yes. Punch out. But if you'd like to make a rather medium term trade (week or so), hold out for a better price.

I'm holding out until we see a run back towards .1800.
 
Thanks,

Looks like I should have punched. I don't think it will be long until we see 1.800 again but I would like to squeeze some profits out of the range bound markets today and tomorrow
 
Whats a good price for it to hit before a long position can open up?

I am waiting until it hits around 1.1675 before i go long. Anyone else?

Thanks
-Kastro
 
I'm inclined to agree with Tactica, but not because I understand or support his analysis methods. But because that's key support. We may not see that level, however, if oil/gas flows don't push enough - or if a catalyst like a pause in Fed rates doesn't present itself.
 
It is quite likely that the government will fall next week some time. I would want to be short $C before then especially when the charts are showing a trading channel that reinforces that view. As long as the $US has a positive interest rate differential I can't see the $C breaking out to the upside.
 
You must log in or register to reply here.
Back
Top