Ichimoku_Trader
Short

Looking to re-enter cheaper...

FX:USDCAD   U.S. Dollar/Canadian Dollar
916 52 44
6 months ago
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6 months ago
Comment: No rush please
6 months ago
Comment: USDCAD rate decision should be a mover for this pair. We are currently bearish and the expected news is to maintain the rate as is which should have a negative effect on the pair. So things are inline.

So, once the news is out, we want to be very careful not to enter early. Expect a retrace to the sell zone and don't rush to sell once it happens. if we miss selling at the sell zone, we can sell at the breakout from the bottom.

As always, please be careful as the volatility is very dangerous and if you get enough pips, don't marry the position, take some money and wait for things to settle before you re-eneter

Good luck
6 months ago
Comment: News in about 40 minutes
6 months ago
Comment: Those who entered
Please be careful and don't be too greedy
6 months ago
Comment: If you are still married to this position, have your disaster stop just above KS
6 months ago
Comment: I know that some of you are thinking of going long
THAT WOULD BE COUNTER TREND
DO NOT DO IT PLEASE

If it goes up, we'll catch it properly later
6 months ago
Comment: If you re-entered or never left, stops just above KS please
6 months ago
Comment: I've just updated this trade with a new chart
If you are still in this trade please update your stops according to the new chart
This chart is no longer active
6 months ago
Comment: For those still in the trade
we just hit the target
please tighten stops and enjoy the pips
6 months ago
Trade closed: target reached
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I have a section on my page under the tag "Educational" that contains a lot of information on my trading method, please take sometime to read it...
ananora23 PRO
6 months ago
Watching it...awaiting retracement on DXY. Thanks!
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Ichimoku_Trader ananora23
6 months ago
Good luck
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myjiyane
6 months ago
I want to ask some questions Ichu. But I don't think this is not the right time....you probably busy now...want to ask some elementary questions
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Ichimoku_Trader myjiyane
6 months ago
Please feel free to go ahead and ask
My name is ichi not ichu by the way ;)
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myjiyane Ichimoku_Trader
6 months ago
Thanks, I always see on your charts that you put abbreviations such as CS, TS, KS ? do they mean something or you just specifically referring to points in your charts
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Ichimoku_Trader myjiyane
6 months ago
CS is the green line
TS is the orange line
KS is the blue line
SSB is the brown line
+1 Reply
myjiyane Ichimoku_Trader
6 months ago
Thank you !!! you've cleared all the mist on my eyes :-)
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Ichimoku_Trader myjiyane
6 months ago
Happy to be of help
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skry3454
6 months ago
I follow you ... thank
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Ichimoku_Trader skry3454
6 months ago
welcome on board
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lawlee9
6 months ago
considering the news for CAD is to keep the same interest rate, and say that the actual news is to keep the same interest rate, shouldn't we see USDCAD go up based on the lack of interest in CAD due to no change in interest rate?
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Ichimoku_Trader lawlee9
6 months ago
Well, I'm weak on fundamentals so if you are really good, then tell us what you think and what we should do, if you are like me or worse (I doubt you can be worse), then let's stick to my 2 cents.

Waiting for your response
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lawlee9 Ichimoku_Trader
6 months ago
I'm also weak on fundamentals, I sometimes look at it to compliment my TA. I respect your charts and analysis, but on this one I'm on opposing sides. I see the XXXcad pairs moving upwards on a medium term basis, so the interest rate staying the same I think would help push these pairs higher. BUT, I do understand what you're seeing here, so I just wanted to know how you were taking the news into account. Just trying to discuss with a fellow trader =)
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Ichimoku_Trader lawlee9
6 months ago
It's ok. I am fine with you being on opposite sides from me on the fundamentals, infact, I'll benefit from you if i can

As for the technicals, well, I'm a BEAR. A big bad bear and i think that we are going down ... a lot ... soon
However, as you very well know by now, i am a follower of the market and i give my opinion of where the market is going no value whatsoever.

So, the bottom line is.. I think we are going down .. we might go up ... I have a plan for both

Thanks
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lawlee9 Ichimoku_Trader
6 months ago
Gotcha. I like your analysis and the things you put up, so keep doing what you're doing. Good luck to you.
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Ichimoku_Trader lawlee9
6 months ago
Thanks

and I like your inputs. They adds a lot of value
So keep them coming please
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lawlee9 Ichimoku_Trader
6 months ago
Nice call here. Still a MT long though. Odd how price reacted to the interest rate being the same.
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Ichimoku_Trader lawlee9
6 months ago
no worries
most importantly we are still alive, still trading, and still enjoying it
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Ichimoku_Trader lawlee9
6 months ago
Please post here when you will long

Thanks
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lawlee9 Ichimoku_Trader
6 months ago
snapshot
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Ichimoku_Trader lawlee9
6 months ago
I'm not sure
It looks impulsive
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lawlee9 Ichimoku_Trader
6 months ago
You're right, I think that position was a little premature in hindsight. I think PA needs to settle itself out more, but I have a MT target of 1.34, so waiting for bullish signs to take it up. Until then I'm out.
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Ichimoku_Trader lawlee9
6 months ago
Thanks
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skry3454
6 months ago
good luck thanks
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Ichimoku_Trader skry3454
6 months ago
Thanks
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YACCINE
6 months ago
here we GO :)
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Ichimoku_Trader YACCINE
6 months ago
we're gone
rememeber don't marry it
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YACCINE Ichimoku_Trader
6 months ago
yes sir
i quit
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FXCrusher
6 months ago
Went in that sell also, news came good for CAD.
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Ichimoku_Trader FXCrusher
6 months ago
great

be careful
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myjiyane Ichimoku_Trader
6 months ago
Just made $102.62 from just following this post. Thank you Ichi...this is from a beginner
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Ichimoku_Trader myjiyane
6 months ago
Be nice
Get your wife something to make her happy
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Vytasbcn Ichimoku_Trader
6 months ago
I agree with that :D
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myjiyane Ichimoku_Trader
6 months ago
You have no idea how happy am I from the result I got from carefully analyzing my charts and following you posts. They are so insightful. Ichumoku !!
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Ichimoku_Trader myjiyane
6 months ago
I'm very happy for you
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YACCINE
6 months ago
i think ,it's turn to bullish for short ?
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Ichimoku_Trader YACCINE
6 months ago
we are bearish
just manage your position and do not go long please
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myjiyane
6 months ago
I was thinking of that as well. LOL !! But then I asked myself as how do I know if the trend has cooled off so that I can go long.
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Ichimoku_Trader myjiyane
6 months ago
no longs please
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fxfabianng22
6 months ago
Reentered as it retested the barrier on 15m time frame.. short!!!
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Ichimoku_Trader fxfabianng22
6 months ago
as you like
it's your call
I took my money and am now watching
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fxfabianng22 Ichimoku_Trader
6 months ago
yea :) same! i took my profit.. closed it right before it pulled back. Now i reentered with a very small size as it looks like a breakout retest on 15m time frame
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Ichimoku_Trader fxfabianng22
6 months ago
good but please be careful
+1 Reply
fxfabianng22 Ichimoku_Trader
6 months ago
yea thanks
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Larry003 PRO
6 months ago
Nice trade! I am not in it didnt get a decent entry. Should come down to 1.296's..... Remember it a holiday weekend this weekend in the UK and the US, it can do funny things to the markets. Good luck with this one.
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Ichimoku_Trader Larry003
6 months ago
Thanks for the heads up

appreciate it
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IIvan
6 months ago
congratulations
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Ichimoku_Trader IIvan
6 months ago
to u too
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Just goes to show what patience does!
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Ichimoku_Trader DavidMarcy_TradeHuntFx
6 months ago
It makes pips ;)
congrats
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thecrackking Ichimoku_Trader
6 months ago
Good Time to go long?
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Ichimoku_Trader thecrackking
6 months ago
I was thinking that but now I'm thinking not
it looks impulsive
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