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Kauri
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Re: USDCAD Looney
speculation that there maybe another 1.0000 USD/CAD expiry today
By the way.... UBS apparently has its minions stormin around madly trying to find out how to pronounce ABU Dhabi in high german...
Cheers
,....Kauri
speculation that there maybe another 1.0000 USD/CAD expiry today
By the way.... UBS apparently has its minions stormin around madly trying to find out how to pronounce ABU Dhabi in high german...
Cheers
,....Kauri
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Re: USDCAD Looney
That's easy .......
sofortiges Geld , naaah , nein , freie Dirhams , naaah , nein , kostspielige Dirhams , ja ist das es .
......... normales altes Abu Dhabi tut zwar .
That's easy .......
sofortiges Geld , naaah , nein , freie Dirhams , naaah , nein , kostspielige Dirhams , ja ist das es .
......... normales altes Abu Dhabi tut zwar .
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Kauri
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Re: USDCAD Looney
Who me???
update , c'mon Kauri show em some of your trades , he's hiding a bonza POG short from the other day , whack up with the glossie mate ........
Who me???
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BentRod
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Re: USDCAD Looney
Loonie looks like it is finally breaking out of that range it has been stuck in since last year.
Will have to wait till the USD interest rate decision to see if there is any follow through I suppose
Loonie looks like it is finally breaking out of that range it has been stuck in since last year.
Will have to wait till the USD interest rate decision to see if there is any follow through I suppose
BentRod
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BentRod
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Re: USDCAD Looney
Canada Dollar Declines as Crude Oil Drops
Canada's currency fell after crude oil dropped to a five-month low and the U.S. dollar rose against other major currencies.
The Canadian dollar traded at C$1.0689 against its U.S. counterpart at 10:38 a.m., down 0.2 percent from yesterday's C$1.0667.
Crude oil for October delivery touched $105.46 a barrel on the New York Mercantile Exchange, the lowest since April 4, as Hurricane Gustav spared U.S. Gulf states the destruction caused by Katrina and Rita in 2005. Commodities, including oil, account for about half of Canada's export revenue.
The Bank of Canada meets tomorrow on interest rates.
Lower crude price is one of the things causing weakness in the Canadian dollar.
My trading system signals BUY for USDCAD.
Bought 10,000 USDCAD at 1.0714
Stop level at 1.0610
Target level at 1.0908
Canada Dollar Declines as Crude Oil Drops
Canada's currency fell after crude oil dropped to a five-month low and the U.S. dollar rose against other major currencies.
The Canadian dollar traded at C$1.0689 against its U.S. counterpart at 10:38 a.m., down 0.2 percent from yesterday's C$1.0667.
Crude oil for October delivery touched $105.46 a barrel on the New York Mercantile Exchange, the lowest since April 4, as Hurricane Gustav spared U.S. Gulf states the destruction caused by Katrina and Rita in 2005. Commodities, including oil, account for about half of Canada's export revenue.
The Bank of Canada meets tomorrow on interest rates.
Lower crude price is one of the things causing weakness in the Canadian dollar.
My trading system signals BUY for USDCAD.
Bought 10,000 USDCAD at 1.0714
Stop level at 1.0610
Target level at 1.0908
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Re: USDCAD Looney
Yesterday I had bought 10,000 USDCAD at 1.0714, stop level at 1.0610, target level at 1.0908.
USDCAD is trading at 1.0759, profit is up 61 pips, US$56.81.
Resistance level at 1.0750 had broken, so USDCAD has the potential to rise higher.
Today Bank of Canada will announce their interest rate decision. If there is interest rate cut announcement today, we can see USDCAD rising much higher.
My trading system is still signal BUY for USDCAD.
Yesterday I had bought 10,000 USDCAD at 1.0714, stop level at 1.0610, target level at 1.0908.
USDCAD is trading at 1.0759, profit is up 61 pips, US$56.81.
Resistance level at 1.0750 had broken, so USDCAD has the potential to rise higher.
Today Bank of Canada will announce their interest rate decision. If there is interest rate cut announcement today, we can see USDCAD rising much higher.
My trading system is still signal BUY for USDCAD.
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Kauri
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Re: USDCAD Looney
My System signals SELL for USDCAD
Canada's dollar advanced after a government report showed the nation's employers added more jobs in August than economists forecast, indicating the Bank of Canada may refrain from cutting borrowing costs next month.
The currency remained higher after a report showed the U.S.
lost more jobs than forecast in August and the unemployment rate climbed to a five-year high.
Both Stochastic and Comm Channel signals SELL for USDCAD
Shorted 10,000 USDCAD at 1.0654
Stop level at 1.0785
Target level at 1.0487
My System signals SELL for USDCAD
Canada's dollar advanced after a government report showed the nation's employers added more jobs in August than economists forecast, indicating the Bank of Canada may refrain from cutting borrowing costs next month.
The currency remained higher after a report showed the U.S.
lost more jobs than forecast in August and the unemployment rate climbed to a five-year high.
Both Stochastic and Comm Channel signals SELL for USDCAD
Shorted 10,000 USDCAD at 1.0654
Stop level at 1.0785
Target level at 1.0487
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BentRod
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Re: USDCAD Looney
Good luck with the trade.
Personally I'm looking for a long to add to my position but standing aside with all this volatility.
I've already tried twice but have been stopped out after a good profit both times.
The ranges on this thing!
Good luck with the trade.
Personally I'm looking for a long to add to my position but standing aside with all this volatility.
I've already tried twice but have been stopped out after a good profit both times.
The ranges on this thing!
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