Usd/cad

Good trade. No reason at this point to hang on past where we are.

 

Any news out just now?

 

Just closed out my USD/CAD long (1.1265) with a take profit of 121+ pips



Like Ivan said, USD/CAD is all about patience.

-Kastro

 

Some luck helps too!

Nice trade.

 

Good strategy might be to dip buy around 1.1220 right now.

 

Hey guys

Just wondering what your current thoughts are on this pair given the possible easing of inflation (and consequently another pause) and this limbo we seem to be stuck in around the 1.12 range.

Thanks!

 

I expect CAD will have a stronger bias through end of August and then weaken into expiration of the Sep contract. Recent action has tracked seasonal pattern pretty closely. (see link)

http://www.page88.co.za/cr/seasonal/Canadian-Dollar-Seasonal-Chart.shtml

 

Long, 200k units @ 1.1225 for a target of 1.1360.

 

I would like to know credit interest/debit interest/day (approximately)If you are
longUSD 100K/short CAD or
Short USD100k/Long CAD

Also If you guys trade CAD/JPY long how much credit interst you get (in dollars approximate for a standard size contract)
Otherway If buy Yen/Short CAD what is the daily debit interst like?

I understand that if I trade futures only,interest question does not arise. only in spot forex. Any one with IB experience for these calculations?
Thanks
forex newbie
posting a daily CAD futures chart

 

Oanda has a nice FX math page. I cannot remember the link at the moment and am too lazy to search for it.