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  #2986 (permalink)  
Old 06-22-2009, 10:01 AM
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Thumbs up doller bull rally

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still hold my position it is 24 K in the green at the moment,,well done to me

abreak of the 1.154 well take us into 1.18, make sure guys if you are long Cad to put ur stop above 1.154.
Good luck to every one
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  #2987 (permalink)  
Old 06-22-2009, 12:08 PM
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Supposedly, Canadian Finance Minister Flaherty is expected to hold a conference today and he won't say what on. Could be nothing. Could be everything.
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  #2988 (permalink)  
Old 06-22-2009, 12:14 PM
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What a fantastic move. Should have been watching this a little closer, instead I had most of my capital in eur/usd,
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  #2989 (permalink)  
Old 06-22-2009, 01:18 PM
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Smile hello

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still hold my position it is 24 K in the green at the moment,,well done to me
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Originally Posted by SicPips View Post
What a fantastic move. Should have been watching this a little closer, instead I had most of my capital in eur/usd,
Sad to know that you lost your capital in Euro/ USD, how did that happened?
is it real account or demo?
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  #2990 (permalink)  
Old 06-22-2009, 07:03 PM
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Quote:
Originally Posted by insider26 View Post
Sad to know that you lost your capital in Euro/ USD, how did that happened?
is it real account or demo?

I didn't lose my capital, its just tied up with the short at 13990
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  #2991 (permalink)  
Old 06-24-2009, 05:20 PM
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Just broke 1.1550, Bear CAD, and bull USD
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Old 06-25-2009, 11:24 AM
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Canadian Finance Minister Jim Flaherty said on Wednesday he was seeing more positive signs than negative ones in the country's economy.He would also call recent OECD forecast pessimistic and that his outlook outlook for 2010 was optimistic.
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  #2993 (permalink)  
Old 06-25-2009, 06:51 PM
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Thumbs up usd/cad rally

On a day where the Brazil Bovespa ended up 3.71% , S&P 2.14% and oil 2% up,.
the CAD ended up flat , that tells you every thing about the market sentiment towards the CAD.

I am bearish CAD, expect 1.18-1.19 soon.
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  #2994 (permalink)  
Old 06-25-2009, 06:58 PM
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agree

Quote:
Originally Posted by insider26 View Post
On a day where the Brazil Bovespa ended up 3.71% , S&P 2.14% and oil 2% up,.
the CAD ended up flat , that tells you every thing about the market sentiment towards the CAD.

I am bearish CAD, expect 1.18-1.19 soon.
agree agree agree
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  #2995 (permalink)  
Old 06-26-2009, 08:20 PM
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USD/CAD Daily

This USD/CAD Pair has formed a two Day reversal pattern (Thurs and Friday week ending June 26th) to the downside ... therefore this Market must break Thursday's high of 1.1641 in order for Higher Highs to come in. A mild settling off into the first Week of July would form another Swing Low in order to gain some momentum for the next Swing up. Monday's Closing Price will reveal more.
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Old 06-26-2009, 10:19 PM
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Hey, thanks for reminding me about this pair, one of my favourites from the past. It seems the whole thing is going short (made some good pips from EUR/CAD the other day, following Kruger, short 1st then long, smooth a butter).

Man, USD/CAD, try and trade the last event!!! Here's a chart, should be going short....we hope...

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Old 06-28-2009, 07:46 AM
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BAT PATTERN IN USDCAD

BAT PATTERN IN USDCAD

<a href=http://www.freeimagehosting.net/image.php?317fe92b16.gif><img src=http://www.freeimagehosting.net/uploads/th.317fe92b16.gif alt="Free Image Hosting by FreeImageHosting.net"></a>
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  #2998 (permalink)  
Old 06-29-2009, 02:48 PM
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Quote:
Originally Posted by insider26 View Post
On a day where the Brazil Bovespa ended up 3.71% , S&P 2.14% and oil 2% up,.
the CAD ended up flat , that tells you every thing about the market sentiment towards the CAD.
Indeed. Similar story today with oil up 3.4%. Crude and CAD appear to be decoupling from their previous strong positive correlation.
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  #2999 (permalink)  
Old 06-30-2009, 12:38 PM
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Thumbs up usd/cad rally

Stocks deepen selloff, offering fresh boost for USD and JPY. Oil extends losses by nearly $2 to 69.40s, lifting USDCAD to 1.1640 trend line resistance. Expect a breach and prelim target to 1.1670, followed by top of June channel at 1.1740s
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  #3000 (permalink)  
Old 06-30-2009, 01:34 PM
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I just have to ask... anyone out there getting a bad feeling about this?

Obviously, my tendency on Canadian fundamentals is to be rather bearish... the current per-capita debt load has not unwound, and the real economic fundamentals are abysmal.

The real US economy is being repaired top-down (high finance on down...), and not bottom-up: home prices continue to drop and employment is down also, with meager government intervention as the only backstop. The US consumer certainly seems to be caput which bodes poorly for Canada.

Equities appear to be on the path to correction, and the test is to see how far down relative to March they will go...

Aside from the bulls' renewed gains on the USD/CAD, the overall ride is getting shaky.

Again, anyone have a bad feeling about this?
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