I sense your sarcasm, but no matter, my pip challenged friend! I've been shorting failures into .1975 yesterday and today. It's rather profitable. There are LOTS of orders stacked up between 1975 and 2000. I do not think they will be overcome any time soon. However, I am not taking a position on this thought as CAD is all over the place. Just doing nice little shorts at the ceiling.
No, Ivanovich, I really do mean to keep on posting. I really think youve been successful on US/CAD. The info on what YOU see in the market is informative...(If youre consistent then I see hedge fund management in the near future..) Just like basketball, go to the man with the hot hand. Right now you have the hot hand in USD/CAD. I would be a fool not to take notes. I hope you like the sarcasm- just blowing steam and taking it out on a fellow member. No harm intended. I do that once in a while and its therapeatic. I recommend this highly for relaxing, along with gardening, but I digress.
No worries, my friend. Sarcasm is completely cool, and evidence of a sharp mind. It's some of the trolls on this forum who aren't even able to use a with and instead resort to blatant insults and bashing - and then consistantly show a horrible method of trading - that make me laugh. Regardless, back to CAD. It took another stab at .1975 and lost (so far) which I shorted.
My research suggest that the word amongst grain traders is to buy $C at 0.8350 or 1.1976 to cover there currency exposure that goes along with owning grain in Canada and hedging with Chicago grain contracts. I am looking to short $US at 1.1975 on this morning CPI news.
at best you are trying to be humorous but it is no wonder canadians resent americans. of course american action is another reason for resentment http://news.yahoo.com/s/afp/20051111/bs_afp/canadaustradelumber
Yes I you Yanks don't smarten up on softwood lumber the day will come that the pipelines will be shut off. The idea of linkage grows everyday that trade agreements are ignored for the sake of partisan politics. Linkage in my opinion is one of the worst trade idea ever but it is growing in support here. I don't think the average American has any idea how much better it is to be Canadian.
Yes, and I remember the French when they all screamed about boycotting McDonald's in France, and the Germans too. Good to know the Canadians want in on some of that Stupid Pie. As noble as the idea may be (and it's really not) all you do is hurt locally owned franchises and the employees that work there who are (obviously) Canadian. Well done!
I would actually change that last statement slightly to "I don't think the average American cares how much better Canadians believe it is to be Canadian. Now go away, or I shall taunt you a second time. This thread is about the currency pair, which I again shorted on another failure to attack .1975.
Yes, well I'm not going to argue with you over your political agenda that has been clear to me ever since your "Banana Republic" comment that had me laughing. Go start a discussion about Canada hating the US on a forum somewhere and rant to your heart's content. Talk about the USD/CAD pair here or don't talk. Thank you for your kind consideration. Yeah, it "ever weakened" to a new yearly high against several of the majors today, too.