Why to short the Canadian Dollar

lets all join hands now and pray for USDCAD to go back down to 0.90

I need refills on all my positions i'm almost empty

kummmbbaayaaaaaaaaa
 
Quote from Ivanovich:

Yes, and the SSI showed that USD/CAD was a STRONG SELL right there, too. And where is it now?

Don't have to answer. I think I proved how "coincidental" the indicator is.
I agree. Looking at Oanda's positioning (which presumably reflects a much larger retail base than the SSI), USD/CAD has been 60-80% net long all year. It was no more or less a "sell signal" at .9057 than it was all year, same as the SSI.
 
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