USDCAD

[hunter]

You should have listened to yourself. I already made money from my calls, how 'bout you? he he

I will have to review my charts again later.

I'm still not shorting the dollar

hehe.. i'm still not that confident on my own calls.. that's why nagpapaconsult pa po ako..

also, i like to know the thoughts of others, para hindi ko maulit ung nangyari before sakin.. ehehehe..

i am humbly asking you guys for help and your wisdom and experience..

[yeahbah]

USDCAD is trying to form a base that's why I'm ignoring those resistance lines. Look at the daily chart.

Now I've got a another bullish AB=CD with an RSI bullish divergence thus I'm buying at 1.06 (127%)

If this pattern fails, then let's take a look at your 1.03

usdcad.gif (29.53 KiB) Viewed 157 times

[yeahbah]

sibakers

back to the drawing board

[hunter]

a convergence is occurring with MACD.

they are no longer making new lows, also, the retracement has not finished, the momentum going down right now is simply because of the news and general weakness of USD.

just some observation to support the bottom-forming view...

[yeahbah]

oh pards nag long ulit ako ... fight the trend ha ha!

[hunter]

oh pards nag long ulit ako ... fight the trend ha ha!

1.06? anu po ung sl and tp nyo?

[yeahbah]

1.0588 ang entry ko
stop at 1.0510
tp at 1.0775

ako atapang atao he he

AB=CD pa rin ang pattern

[washer31]

yeahbah, ano ba yun trade mo? intraday trader k b? what time frame?

[yeahbah]

Long, AB=CD on H1

Retreat muna kapag pumalpak ulit ito he he

[hunter]

Inventories (DOE U.S.): Crude Oil out at -978K vs. 2000K exp; Gasoline out at 2937K vs. 1000K exp; Distillate out at 679K vs. -400K exp; Refinery Utilization out at 0.42% vs. -0.33% exp