Usd/cad

zf trader · Jan 4, 2006

Quote from Ivanovich:

That should help long USD/CAD positions, not hurt them.

I like most Canadians think in terms of how many US cents it takes to buy one Canadian dollar. The cash currency market seems to insist on trading in inverted numbers from my perspective. What make it even worse is that the futures market does it the "right" way. Has anybody else watched ROBTV with a calculator in hand punching in 1/0.8623 etc.?

Chood · Jan 4, 2006

Quote from Chood:

. . . Target: .8725 and willing to hold for a while to get there.

Reached, breached, sold. One CAD long remains.

The Kin · Jan 4, 2006

Quote from Chood:

Reached, breached, sold. One CAD long remains.

Nice trade... CAD is bound for a retreat and soon though... I'll hold off a little longer but I'll bet heavy when I do

Ivanovich · Jan 4, 2006

Kin - I added to my long.

Everyone welcome to the thread "zdreg", resident US hater club president, and Canadian. He's a lot of fun.

Ivanovich · Jan 5, 2006

Closed long 1.1460 @ failure on first attempt to break 1.1540.

78 pips.

Look to re-establish more long positions on dips.

Ivanovich · Jan 5, 2006

Bleh, I pulled the trigger on that a bit too fast. Oh well, 78 pips is still 78 pips.

Kastro_316 · Jan 5, 2006

Closed with 66 pips +

-Kastro

Ivanovich · Jan 5, 2006

Quote from Ivanovich:

Bought again at .1565

Closed this one just now at 1.1635.

70 more pips.

Thanks to the shorties for another day of CAD income. Please, feel free to drive it back down.

Chood · Jan 5, 2006

The view from both sides of the pair has been very green of late, depending of course on when and from where you look.

The Kin · Jan 5, 2006

I had to entertain company and missed out on today's action.

I'm pissed.

But congrats on everyone who profited big time.

I'm short .1630 stop .1705