perfect…guys the main borameter for cad is USD CAD…now that the important resitance 0.98579 has failed to contain price…the doors open for a big move up on most of the CAD Crosses.
well done josh
perfect…guys the main borameter for cad is USD CAD…now that the important resitance 0.98579 has failed to contain price…the doors open for a big move up on most of the CAD Crosses.
well done josh
It is…keeping fingers crossed…15+ now.
Marked a bit of a bull flag which reached to a support area (red line). I would have entered there actually which would have been an even tighter stop but I wasn’t at the computer then. So then I entered as it was moving up through the 20. There is the upper red resistance line, and if it goes through that, I’d say it could reach the upper orange channel line…we shall see…
hi SP and wheres your stop? below the 20 sma?
Thanks Dennis il look at CAD pairs now
usd cad on a tunnel up wards
i might wait for a down move later ? (if it hits the trend line)
anyways amm sweet pip can u add me on skype?
i hazz some questions @_@ catwoot_fx
Im thinking of buying on the EURCAD on the retrace SL 2704
yes…it was below the red support, but after getting up to +20, it got moved to break even which is at the 20 now, or 1.2706…hmmm, retraced back down again…just when ya think it’s gonna be easy
perfect but i would say that the move up is gonna be what the market always does before a rally…big pulse up, consolidation retracment, find new support above the last daily resistance penetrated…then anticpate the rally. i took 15 pips on usd cad , took all the profit will enter again when i feel that next rally will take place some time after it rests…cycle of the market
perfect, coming up! yep thats momentum trade…perfect perfect
Sorry Skuldz…don’t have skype setup…I’m in the chatroom here on Babypips…the squeeze room …lol…but I don’t have long cuz I have to go to bed soon to getup to go to a meeting downtown
no man dont short…ie dont short repeat again dont short , high risk trust me …oh sorry your gonna long on the move down, sorry did not get you,hehe cool
its will rally, down is for a chance to change socks, nothing more
eur cad important resistance levels short term
1.23723
1.27508
1.27725
1.28089
1.29784
nice view of usd CAD from DUKAS (IF ANYONE DOES NOT UNDERSTAND THERE VIEW PLS ASK)
USD/CAD has formed an Ascending Triangle pattern on 1H chart. The pattern has 79% quality and 49% magnitude in the 94-bar period.
The pattern started when the pair bounced from 0.9726; currently it is trading at 0.9797. Technical indicators on aggregate point at appreciation of the pair on 1H and 4H horizons. The SWFX market sentiment is bullish—74% of all positions on the pair are long. In addition, in the range of 200 pips from current market price 58% of all pending orders are buy orders. Long traders could focus on Bollinger’s band at 0.9809, daily pivot (R1) at 0.9813, pattern’s resistance at 0.9818 and daily pivot (R2) at 0.9844.
The Stochastic indicator on 1H time horizon sends sell signal suggesting that we might see an attempt to breach pattern’s support in the near future. Short traders could focus on 20 bar SMA/pattern’s support/daily pivot (PP) at 0.9793/98, Bollinger’s band/Fibonacci (23.6% of move since 14th of September) at 0.9776/74, daily pivot (S1) at 0.9758 and 200 bar SMA/Fibonacci (38.2%) at 0.9747/48.
GBP USD 1hr MY LIVE TRADE kAMIkAZIE NOW XD
very good…but surely you have read my posts and you are at least long on a cad currency some place?
today is day of days, for bulls on cad…its golden i have pips galore all over the place…eur cad up 30 pips…usd cad on my second order and no2 up 20 pips…already bagged 40 pips from first orders eur cad and usd cad…i repeat day of days on cad…good kamakazi well done
sory >_< im missed the train on usd cad
any cad mix see post #468 this is day of days…the big paycheck…important resitance broken…it will effect all the cross cad pairs
i will kick your butt hehe…no worries, nice kamakazi well done…next day of days will be around the corner on another currency waiting for us all to have champaiyn breakfasts…and lamborginis