Usd/cad

The Kin · Feb 24, 2006

short .1494

ForexPro · Feb 27, 2006

Short at 1.1435 after the breakdown from the recent triangle base on dailies at 1.1472

The Kin · Feb 27, 2006

cover .1427, long

The Kin · Feb 28, 2006

.1390?

Dude, what's behind the strength of the Canadian dollar? Oil prices have fallen to their lostest level in weeks.

No matter

I'll add some more later today. This pair is making me rich!!

OfmY · Feb 28, 2006

Quote from The Kin:

what's behind the strength of the Canadian dollar?

The trend, my friend.

The Kin · Feb 28, 2006

heavy @ .1393

Ivanovich · Feb 28, 2006

It's hilarious, too

The media will go: "Strong CAD gains due to a spike in oil and gold" but when oil and gold go down, and CAD still endures, they'll make up something else.

Kastro_316 · Feb 28, 2006

Heavy at 1.1378

I bet your loving this Ivan

-Kastro

OfmY · Feb 28, 2006

Quote from Ivanovich:

... they'll make up something else.

Yeah, the record current account surplus

Ivanovich · Feb 28, 2006

Quote from OfmY:

Yeah, the record current account surplus

And if that wasn't it? A smart poster on this site (there are some, mind you) once told me that I should take what happened in the currency market, chop the statement in half and append it with a random Yahoo! news headline. So you'd have "Euro plummets today because/Britney Spears pregnant again!"

Today's would be "CAD soars to multi-year highs on news that Cat in Germany has deadly Bird Flu strain!"

or something like that. Might as well, since no one really has a clue as to the why the market does what it does on a short term basis. All we can do is take a WAG.

And yes, Kastro - "I'm lovin' it!"