USD/CAD Looney

[Kauri]

Re: USDCAD Looney

Ooops.. might pay to put up the latest chart for the last post...

 

[CanOz]

Re: USDCAD Looney

Nice H&S pattern here.

 

[>Apocalypto<]

Re: USDCAD Looney

Fellow Looney's,

Why do they call it the Looney?

After shorting it, Looney found support plus touched and bounced off the new up trend line on daily to form another higher low.

I have gone long, stops under the trend line.

Green arrow is my entry bar (today)

One point to note, it looks like a creeping trend so I am not sure how strong this new push is.

Good trading.

 

[CanOz]

Re: USDCAD Looney

Looney, because the animal on the coin is a Loon, like a large duck, except with a pointed bill for fishing like a king fisher...its black with white speckles, and has a real nice call that one associates with a mirror lake in the early morning, a slight misty fog burning off......good grief, i must be missing home!

 

[tayser]

Re: USDCAD Looney

and here's me thinking it's the Canuckers taking the piss out of themselves & their currency's 'lunacy' against the USD...

snort.

 

[reece55]

Re: USDCAD Looney

All the way down to 93.70, doesn't seem that long ago that I was trading this one at above 1.05............. This has been a dramatic move down, there just seems to be no end to this downtrend......

GO THE LOONEY!!!!

Cheers

 

[tayser]

Re: USDCAD Looney

think of all those lucky Canadians who straddle the US border (like 90% of the population?) and can go shopping in their nearest US shopping centre. Big spenders.

 

[ithatheekret]

Re: USDCAD Looney

Isn't it strange ( not ) that most currencies are crushing option barriers . These are taken out by the "smart money " and volatility is squashing them one after the other . Then they happily retreat ....... for breathers and then dash back up the hill . Amazing markets to watch , pip by pip if you can keep up with them nowdays , I use to place markers on the screen for my charts , but can't get them up fast enough nowdays .

 

[ithatheekret]

Re: USDCAD Looney

Should say entered to go against the option @ 102 . , thought what the
h3ck , heard t'was an Aussie bank too , hopefully recoup some of my fees

 

[ithatheekret]

Re: USDCAD Looney

just blew the 30 sec chart up ... from the last 102. push we seem to be beginning to form a cup after the retreat .............
30/15min shows beginning of slight bounce , as does 5 min , but ....... hourly and 3 hrly are moo time

30 sec says moo to me also .

all systems set for 102 attack again , banks must hate dealers and traders

 

[ithatheekret]

Re: USDCAD Looney

Yep 102.15's they didn't like that : anyone game to look forward for a 105 in the coming sessions

 

[ithatheekret]

Re: USDCAD Looney

I hope that's not NAB traders again , sophisticated crooks that last mob they caught . Nah ......... Stewart would have them pinned to a wall . Because they are above cloud looking down at a good chart .

 

[ithatheekret]

Re: USDCAD Looney

This swap has my attention once more , the shoving effect slowing a little .

 

[ithatheekret]

Re: USDCAD Looney

update :

 

[ithatheekret]

Re: USDCAD Looney

another drop punt tonight ......... going for field goals this swap , rolls back then let's go , they'll get the hammer out again soon .

 

[ithatheekret]

Re: USDCAD Looney

Do we have a ground floor ................. shirts , undies and thongs .

 

[ithatheekret]

Re: USDCAD Looney

With a twist , hold the olive .

 

[ithatheekret]

Re: USDCAD Looney

added to the poz. to see if it can keep the usual up , noting it's around the 68/69 area again , will probably bounce about here .

 

[ithatheekret]

Re: USDCAD Looney

last update , couldn't be stuffed waiting for parity again , stage left and bed soon .

 

[ithatheekret]

Re: USDCAD Looney

waiting to see if it can get down to 9935ish this time .