piphunters
Long

USDCAD: Game over? Maybe No, another possible buy opportunity

FX:USDCAD   U.S. Dollar / Canadian Dollar
1559 36 27
USDCAD             has retreated a bit from the marathon             highs but there is absolutely no reason yet to support that we may have topped and I am looking for a short term buy entry from here, If you have the proper strategy here is a good place for a buy entry.
whatsup buy..hehhehehehe that is correction for downside dude
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piphunters eniz1806
didn't workout as a buy, was watching for a buy but discarded the idea when following price action didn't support it.
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Told you guys break below 1.45 is bear :D
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piphunters FawadJawed
yes :)
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lucianfx00 FawadJawed
Still I think bulls will be back in March to take it past 1.47 than vicious bears will take it to 1.35 by may-jul
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LukaszMosinski lucianfx00
Guys please advise me what to do with positions "sell" opened month ago on the level 1,36. I was keeping them open until now and I almost lost my account. Right now I see a chance of retrace however I don't know when to close them - which lbottom evel is max for CAD during 2 next month. I'm aware that I can lost some monay and close them with the lost. Appriciate your support.
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lucianfx00 LukaszMosinski
My opinion is 1.40 for next to months maybe if you'r lucky 1.39...could be wrong..I'm also looking to deleverage at 1.408.It will reach 1.36 but in six months and with a new high before 1.36 I think maybe as high as 1.50 by mid march
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LukaszMosinski lucianfx00
Thank you lucianfx for your opinion. I appriciate it. I will be waching it very closely...
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lucianfx00 LukaszMosinski
Look at what happened in 30.01.2015,31.01.2014,28.01.2013,21.01.2009 I think we are in a similar situation in 21.01.2016 you can make your own plan based on that
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LukaszMosinski lucianfx00
Good idea. Hope this time will work in the same way. Thanks
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