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
LineKing
11 months ago
USD/CAD reverses @ 61.8 retrace
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LineKing LineKing
11 months ago
2nd retest holds. US Open & close of hourly candle could provide clear idea of direction. Stop now 5 pips
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LineKing LineKing
11 months ago
Stopped - 5
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LineKing LineKing
11 months ago
Chart remains valid as entry R/R based (in opposition to the chart). Overarching theme of continued CAD weakness remains.
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LineKing
11 months ago
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)
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LineKing
11 months ago
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
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