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COZfx: USD/CAD rallies over 1% after US jobless claims repor

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Wed Mar 16, 2016 2:15 am

Long entry after strongly bullish price action on the H1 time frame following another dip into the zone between 1.3225 and 1.3166.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Wed Mar 16, 2016 2:35 pm

Go long after bullish price action on the H1 time frame following a dip into the zone between 1.3225 and 1.3166
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Fri Mar 18, 2016 2:46 am

There is support not far below the current price at the time of writing but any long trades should be taken only with extreme caution. It would be prudent to wait for a session open to show a change of sentiment on the USD and also for some kind of double bottom.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby arbtrader » Tue Apr 05, 2016 9:35 am

The USD/CAD formed a really strong resistance. Now the pair seems to start falling, so I guess it's the perfect moment to open a sell.

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Wed Apr 13, 2016 1:48 pm

Go long after bullish price action on the H1 time frame immediately following the next touch of 1.2591.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Fri Apr 15, 2016 1:35 am

The U.S. dollar rallied quite strongly yesterday and this pair was no exception, although we really had to wait for the crucial releases from the Bank of Canada before that move really got going.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Wed May 11, 2016 12:35 am

Go long after bullish price action on the H1 time frame following the next touch of 1.2900 or 1.2750.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Wed May 11, 2016 2:39 pm

The new bearishness will be put to the test if and when the price reached the next potential support at 1.2900. A decisive break below there could see the price test 1.2750.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Thu Jun 09, 2016 3:04 pm

Go long after bullish price action on the H1 time frame following the next touch of 1.2600.
Place the stop loss 1 pip below the local swing low.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Waber » Thu Jun 23, 2016 8:53 am

You had better go short after bearish price action on the H1 time frame following the next touch of 1.2900, 1.2943, or 1.3000.
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