$USDCAD ?

Discussion in 'Forex' started by warrenbuffetfans, May 18, 2017.

  1. expiated

    expiated

    Market makers just using the news release to make some money. I often take advantage of such situations, but with rate decisions often having genuine impact, I was "hands off" this time around.
     
    #11     Oct 25, 2018
  2. expiated

    expiated

    USDCAD was turned back at this level on August 13th, August 17h, and November 1st, so I was hoping it will happen again right now, especially since 1.3183 was one of five statistics driven, data-based levels of resistance for me. (My other levels were at 1.3150, 1.3212, 1.3248, and 1.3296 at the most extreme.)
     
    #12     Nov 8, 2018
  3. expiated

    expiated

    The Loonie has been rising ever since October 2nd, and given that my Dynamic Probability Triple-zone system placed notable support at 1.3167 and 1.3128, I entered a long position as soon as I got the signal that a trip north was being forecast by the system's forecast model.
     
    #13     Dec 3, 2018