Usd/cad

WOW!

.1469

Canada's competitive advantage has just evaporated. I can't imagine this being good news for the economies of Ontario or Quebec.
 
What's next?

I want to open up a long, but i think i am going to stay out of this one for now :)

EUR/USD is my next target :)
(Anyone short EUR/USD? )

-Kastro
 
I'm still long :)

Some trades I make that are long term (this one and AUD/NZD comes to mind) I don't use a very large percent of my margin. I can afford to sit and wait, and frankly I don't mind adding to my position.

Have you seen the RSI for the USD/CAD? It's hilarious :) This is yet another example of the market pushing the envelope as far as it can go. As soon as it realizes the greed stampede is over, it'll reverse. And the more severe it pushes it, the more severe reverse will occur.

While I agree that long term the CAD is higher (because long term the USD is lower against anything), I do laugh at those calling for PAR on the USD/CAD position. They're the same people who yelled Euro at 1.50 by this year, late last December.
 
I'm Long USD/JPY from 117.15 looking for a bull run in asian trading.I have also bought some @117.51.looking for 118.40

sprry it was ment for the USD.JPY thread.anyway on here here now:(
 
i went short 1.1561
Stop 1.1591
I think if this is only a pullback my stop is gonna hold but
if i am wrong i am going to be out fast
 
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