Lets talk USDCAD

[ikombe]

It never did on my chart

[Ireidebeasko]

Lol I mean since Jan..

[ikombe]

800 no, but 200 yeah

[adrix_17_boy]

On a daily and weeky chart, USDCAD is generally guided south... Americans may one day have to give change each Loonie these Canadians pay em.

[LuisYoGoLo]

I caught a short at

1.1480
1.1315
1.1205
1.1095

so I hope it'll go down to the underworld so I can add more positions. It's just one of the tendencies You Need to take benefit of

[Isidoro1000]

I believe its good invest

I was buy it 1.1014

[kmikc1]

I think USD/CAD will go north for tomorrow and today 1.100 touched but did Not bounce back although since

[gas]

Here another example of a trade I'd take. USDCAD is pushing down hard into Zone -2 in 1.0698. Wait around for a push down through this level and take a long. Goal would be up around 1.0797. Long, fix your target and then stop based on tommorrow's River amounts as soon as you have them. A commerce no doubt but one I'd take every time. If it doesn't work out, no problem. I take my loss and move on to the next opportunity.

Risk guide can be under 1.0659.

http://rivertheory.squarespace.com/s...sdcadentry.PNG

[Frayherrero]

On a daily and weeky chart, USDCAD is generally led south... Americans may one day have to give change each Loonie these Canadians cover em.

This will NEVER happen.... We go to Canada to store, not the other way around....and not many are crossing the bridge in Michigan to store some more....Nor near some of the boarder crossings ( skuttlebutt ) .... The tendency may drive the Buck down for today, but the loonie can not stay this powerful for long....we just won't cross over to Canada to invest.

[Miniiok25]

This won't ever happen.... We visit Canada to shop, not the other way round....and not many are crossing the bridge here in Michigan to shop any more....Nor near any of the boarder crossings ( skuttlebutt ) .... The trend may drive the Buck down to now, but the loonie can't stay this powerful for long....we simply won't cross over to Canada to invest.

Never say never. The Canadian dollar has been worth more than the US dollar back in 1952, and lots of people said that it can't stay so powerful for as well, as you put it. Actually, the dollar's premium over the US dollar continued until 1960. Nothing says it can't happen again. As I said, never say never - making complete statements is with the way international economics and the markets work. :