usdcadlong

TradeAndLearn

USDCAD Long position 7th May 2015 visite:http://tradeandlearn.com/ for future Updates

DjalilLounis

Hoping that we will have a strong USD tomorrow i will wait for a retrace of 0.78 stop of 60 Pips and a target of 180 pips. i will wait for a PA confirmation before taking the trade

rajeboav

THE PAIR HAS REJECTED TWICE A LINE OF LOWS HIGHS FROM SEPTEMBER 2014 WHILE IS FORMED A DOUBLE BOTTOM. I WILL WAIT IT TO BREAK THE NECKLINE AT 1.2205

DjalilLounis

my target is the min A

PriceActionTrading

UPDATE : STOPPED OUT. I AM NOT TRADING THIS IDEA ANYMORE. BUT WONDERFUL PIN BAR FORMED ON H4 D1. WORTHY OF TRADING. W1 TELLS US THAT THE BULLS ARE STRONG. SO I WILL BE TAKING LONGS ONCE PRICE GIVES ME A GOOD RISK REWARD. I WILL BE LOOKING FORWARD TO THE BREAK BELOW THE INSIDE BAR FOLLOWED BY H4 CLOSING BACK INSIDE THE INSIDE BAR THIS SIGNIFIES BEAR TRAP AND WILL...

Raphael

Potential bat pattern I recommend double bottom to reduce risk present-age for more convenient trade

morgansadinosaur

Red levels are support turned resistance Yellow levels are support The level where price is currently is important, if it breaks this and retraces I will jump in long. I might prefer to get in short, I would do this if it broke both of the yellow levels beneath it and retraces.

TheAnonymousBanker

Levels on Chart

10yearsfxexpert

As you can already see, both charts shows us to stay calm and watch the battle. If you are already long on USDCAD, you should stay so. If you're not, you're exposed to a very nasty risk. I'm pretty sure that DXY will go up next week and so will USDCAD pair. Maybe, it will go a little lower until 50 % on RSI, after that going up, up, up. Stay with me to take...

10yearsfxexpert

Yesterday USDCAD dropped more than 1 % and in a few days ( maybe next week ), it has to go to 1.2630 again before going deep to weekly chart. I already bet on it. What are you waiting for ? :))

BrianWWhite

While I like the short of this pair much better, price still illustrates that this pair is range bound. Will consider a smaller position size on the long. Confirmation of a continued uptrend will occur on breakout above 1.28500.

A_Joe

Bullish Uptrend to continue. Clean Consolidation Flag in progress near the Long term Flip Zone. Expect Uptrend to Continue

morgansadinosaur

Key Levels!!!!! Some 4hr chart levels, probably looking to take a lond position :)

DayFarrell

LIKE MOST OF THE PAIRS, I'M LOOKING FOR THIS TO FALL A BIT AND RISE, HOPEFULLY IF I GET SIGNALS I CAN GET ALL 3 MOVES. I'LL HAVE TO DETERMINE THE THIRD MOVE AFTER. FOLLOW UPS IN COMMENT!