ctfx - profit was hit about 20 minutes ago. Cable - thanks for the compliment. forex-forex - if you feel that someone is going off topic on a thread you begin, feel free to hit the "complain button". I will be happy to remove those unrelated posts for you. -- Looking to buy on dips back around 9940. Will hold for now. Will update this thread each time I make a trade in this pair.
Great trade Ivanovich, yesterday's set up was a classic also...i don't think they get better than that... Weekly chart looks interesting.
Canada's economy, which unexpectedly shrank in the first quarter, will avoid a recession this year as employment growth buoys consumer spending, the Organization for Economic Cooperation and Development said. Tougher environmental rules governing production from Canada's oil-sands region will contribute to a global crude supply crunch, Total SA Chief Executive Officer Christophe de Margerie said. Here's one I didn't have earlier that's important. The Canadian dollar fell for a fourth day, touching the lowest in almost a month, amid speculation the Bank of Canada will cut interest rates next week.
Good trade.......Looks like your TP just got hit a short time ago. But I don't see how you got your fill at 1.0205, I see around 1.0189 three hours after the ET time stamp on your post PS....I had a quick look at the quotes from http://www.dailyfx.com/charts/Chart.html?symbol=USD/CAD so maybe they were out.