LineKing
Long

C$ is weak, but s/t, low-risk longs

CME:D61!   Canadian Dollar Futures
Tho chances of pullback if Fib retraces of around Jan 4th (short USD/CAD             @ 13980 T1 13733).

Sudden ratchet of Mid East tension could see this move fast.

Other x, esp             vs NZD and AUD due a retrace (at least at first) - and then looking for poss trend reversal
Forgot about all that good Canadian stuff too at NFP time - unless I can get an early European session entry (giving it a chance to breathe and to move to b/e) will re-assess post the news
Reply
Would be an int reversal daily hammer situated where it is on the chart. Oil still looks weak, but if you see maybe trouble ahead as above, could be a brave, short-term C$ long - pref against Aussie or Kiwi, esp as NFP tomorrow (no trade x U$ - if preferred - until post then)
Reply
USD/CAD reverses @ 61.8 retrace
Reply
LineKing LineKing
2nd retest holds. US Open & close of hourly candle could provide clear idea of direction. Stop now 5 pips
Reply
LineKing LineKing
Stopped - 5
Reply
LineKing LineKing
Chart remains valid as entry R/R based (in opposition to the chart). Overarching theme of continued CAD weakness remains.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out