7/15/15 that Loonie Cad?

Discussion in 'Forex' started by loyek590, Jul 15, 2015.

  1. loyek590

    loyek590

    anybody else just get rich by being long usd.cad on 7/15/15? I can't find anything on my calander. Wasn't really paying that much attention, next thing I know I am rich!

    that makes me long a full load from 2746 with no profit target in sight
     
  2. Visaria

    Visaria

    canada unexpectedly cut interest rates at 3pm BST from 0.75% to 0.5%
     
  3. Visaria

    Visaria

    i was short the canadian dollar too...stupidly, i put a limit order to close ...could have had an extra 40 pips ...
     
  4. Visaria

    Visaria

    what do u mean by "2746"?
     
  5. rb7

    rb7

    1.2746.

    The "1." part was obvious...
     
    Visaria likes this.
  6. loyek590

    loyek590

    oh sorry, I'm trading usd.cad, you were probably long eur.cad, thanks for the info. USA raising, cad and eur lowering, should make for a lot of fun
     
  7. loyek590

    loyek590

    thanks, where did you get that info? I was watching cnbc and never heard a thing
     
  8. Visaria

    Visaria


    nah, i was short Canadian dollar futures.

    investing.com calendar lists all the main announcements. i knew ahead of time there would be an report at 3pm and also a conference at 4.15pm BST. Was jittery, i know how currencies like to spike...hence the order.

    so you are rich now, please define rich :)

    where will you exit your loonie position? i wish i had kept mine, it's broken 5 year lows and is heading for 6 yr lows
     
  9. loyek590

    loyek590

    already exited, but it's not the loonie's fault. I was just too long USD, so I needed something to get long against it, and CAD looked like the best bet. I will scalp it from both sides until it shows me it is ready to move again. That loonie and cl have moved in concert for quite some time.
     
  10. Visaria

    Visaria

    yes, i have noticed loonie and cl relationship as well...as expected...loonie is a commodity currency, canada big oil producer.
     
    #10     Jul 15, 2015