oh yes I meant no disrespect by my question. I'm currently on the sidelines just trying to learn get reasons why people are taking the trades they're taking. IMO, while the 1/4 point may already be priced into the market, there is still a LOT of fear/indecision about the 1/2 point. So that and the fact that we haven't had our usual end-of-the-month inflow into the CDN dollar yet (and possible support @ .12) makes me think that we could be headed higher. I very well could be wrong b/c I don't know much about this market but those are just my observations.
Taking half off at 1124. = 106 Points Keeping my eye on things for now. Letting rest ride to 1060. DRT
Good call guys. Clearly my n00bish assumption was incorrect for the time being. Crossing my fingers we'll head higher in the next few weeks so I can get some value out of my paycheque though..LOL. Cheers
I am going to look to get long on a run down. I'd like to see a move down to the 1072 area to do this. Looking for the pair to regain the 1130 area then onto 1230 1350 If things don't move out of the 1130 area I will get out as we will likely head lower. Good trading everyone. DRT
I've got a buy order in for 1051. May not come back though. If it does I will get long. Otherwise I will wait for 1130 area to decide. DRT
Looks like I got filled last night. Long at 1051. I am looking of the market to retake 1130 and then 1230 1350 I will keep a tight stop on this one as it may act a little loonie. DRT