PooyaSalehipour
Long

UsdCad update 19 apr 2016

FX:USDCAD   U.S. Dollar/Canadian Dollar
948 17 22
long for long time.
Trade active:
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Comment:
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Comment:
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i think this is very difficult . usdcad depand on crude oil...your chart mean if usdcad will go up again then crude oil will down too much.....??
+1 Reply
PooyaSalehipour Qasimshahzadgt
everythings may happen.
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Qasimshahzadgt PooyaSalehipour
i also pray for this. because my trade already in usdcad i am also waiting.
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PooyaSalehipour Qasimshahzadgt
i think enter long in long term position its a good choice,
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Qasimshahzadgt PooyaSalehipour
i hope so in month this will go on 4500.. i am also doing pray
+1 Reply
Why enter so early? You made the chart. Why not enter when it's right at support? Less money to risk and more that you stand to gain.
+1 Reply
PooyaSalehipour thesmallerone
thanks for the comment. because the smart buyer are waiting for buy step by step. so we start early.
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thesmallerone PooyaSalehipour
Take offense at this or not but that just isn't a smart thing to do in my opinion. If the trade turns south you lose a lot more than what you would have if you waited. If the trade works out, you lose a lot more money that you really shouldn't have. I think that it is best to be patient. Money management is much more important than any sort of analysis.
+1 Reply
PooyaSalehipour thesmallerone
you dont know anythings about my trading strategy, i have open order with %0.5 Risk in money management without stoplose. so, i dont worry and dont matter about what's going on for next. then, i close my eye's and enter. if you looking to my chart this is Daily chart and i dont scalping.
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thesmallerone PooyaSalehipour
Alright, buddy. Whatever helps you sleep at night.
+1 Reply
PooyaSalehipour thesmallerone
;-)
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also bullish on UC. check my idea :)
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May is a good month for the dollar, after the recent increases in oil prices, now would be a correction. The dollar may always strengthened to most currencies. Very good idea. Last year, the USD / CAD in May 3.12%, 2014 years -1.06%, 2013 + 3%, 2012 + 4.62% up. The US dollar will be strong in May.
+1 Reply
PooyaSalehipour RobertPapon
thanks for the comment.
+1 Reply
USDCAD holds @ 1.2500.


Agree. It was a clear accumulation for the past few days.
+1 Reply
very nice analysis
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Saravan PooyaSalehipour
Thanks buddy. Yours too.
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