Usd/cad

Just make sure that you long before this afternoons festivities. That right today is going to be the best day ever to watch CPAC. I am planning to make some popcorn, have a beer, watch a government fall oh and most importantly make 100pips
 
Quote from siki13:

Well now i went long (picking bottom?) on 1.1703
Stop 1.1687
What do you think Ivanovich?
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I think that stop is not low enough. The risk exists for a run back to .1655ish, before a retrace back to the 1800s. The only way I would go long now (as I have) is if you're willing to accept that your long could be underwater for a bit.
 
Quote from zf trader:

Just make sure that you long before this afternoons festivities. That right today is going to be the best day ever to watch CPAC. I am planning to make some popcorn, have a beer, watch a government fall oh and most importantly make 100pips
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Heh, this is indeed a fundamental risk - and I factor these out usually and play technical only (well, mostly). Don't expect the govt to fall, my friend. Expect a few bumps, but the liberals will take charge once more. If they do not, well then...

Happy Turkey Day to all that celebrate it. Will be back after the holiday. It's snowing in NY as I visit the relatives, and I'm missing my hot spot back in PR.
 
THis trade is killing me...I am not in it right now, but i want to be lol

I put an order in at 1.1675 to go long...I just hope i dont miss the rally.

What do you think guys?
 
Quote from zf trader:

Ivan, a couple of links

http://www.ctv.ca/servlet/ArticleNe...fidence_motion_051124/20051124?hub=TopStories

This article says the government is going to fall on Monday after a bill is tabled today

www.cpac.ca

This is our version of CSPAN. You can watch the house of commons live.
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I'm not discounting the possibility. I just think it's not going to be a massive issue. The Canadian govt. will continue to function, long after the media craze hits. Again, I'm long, but for different reasons. It just happens to coincide with the fundies too.

It's like having a 20 in blackjack with the dealer showing a 6.
 
Quote from Kastro_316:

THis trade is killing me...I am not in it right now, but i want to be lol

I put an order in at 1.1675 to go long...I just hope i dont miss the rally.

What do you think guys?
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I hope you dont get fill on that order ;-)
 
don't mean to sound antipatriotic but itd be nice to see the CAD$ go back down to 0.6 thats like a 25% pay increase for me since im trading U.S. equities.
 
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