are looking at the beginning of an H&S top?
Gunter
I commented below
John
I see the open tonight hasnt cooperated but its early.
Did we get a trade deal or something this weekend-currencies are up?
Wait....
I just now saw trump demanded China drop all Ag tariffs since we postponed the March 1 tarrifs,
Ahh, the plot thickens.
Just sold 2 Loonies H 75590.
Wont stay there long if Im wrong.
John
We have a HUGE WEEK for markets ahead. Take a look at the economic events that are poised to move forex markets in the next five days:
There is now a beautiful upward-sloping trend line supporting prices in USD/CAD higher — marked by lows in February 2018, October 2018 and February 2019. Prices bounced firmly off that line last week, increasing its importance as trend support.
However, though the price of Crude Oil rallied more than 20% this year, the Canadian Dollar has only managed to gain 2.5%. This week, the BoC could offer a key to understanding where Canadian growth is going, and if they might have a couple more rate hikes in the pipeline should oil prices spur inflation. How the market interprets these comments could spur the next big breakdown or rally in USD/CAD.
Great stuff, thanks!
... that is a very impressive trade ....
....HIGHLIGHTED IN 60- minute H- CANADIAN DOLLAR ;LOONEY-TUNE CHART IS .........
YOUR SHORT 2 Loonie Level .... groovy into Wednesday morning I would say...
let it ride ... !!!
... WELL .. heck shoot ... HIT SOME MORE BIDS AGAIN !!! ...
.... SOLD !!! ... also silver is dropping like a brick and Canadian people are scrambling out of their natuaral resource ETF TRUSTS for Canadian Tax purposes....
ACTUALLY .... LOOK AT THE DAiLY CHART AND IT LOOKS LIKE WAYNE GOT AHOLD OF THE WEDNESDAY NUMBERS LAST FRIDAY !!!! .... LOL !!! >>>
.... LOOK AT FRIDAY's MASSIVE MASSIVE VOLUME...
.... VOLUME GOES to volume new contract lows...
COMING RIGHT UP SUPER PRIMO SPECIAL !!!
..... CANADIAN ROYALTIES TAX ....
..... up *** with flammable 1,000,000,000,000,000,000 B.T.U. of natural gas farts ...
SS
I was out this AM cause had to work.
OK with a few bucks and watching to maybe reenter but real busy this week and cant stay around and watch and be nimble.
John
... that was a nice , quick trade John... cannot go broke taking profits... good eagle eye there !
Evan
TIME STAMP A TICKET !!!
Canadian Dollar Melting away on this current DAILY H-Canadian Dollar Chart...
.... you really saw this coming john.... nice trade....
BRAVO !!!
.... here is a 60 minute chart with John's entry short level of 75590 which is highlighted....
.... awesome trade that should see contract lows on Friday aftter U.S. jobs data ...
