Postcards From the Right Edge

Trade setups and other nonsense from Rob Booker, Currency Trader...

... and Derek Frey, Head Trader at Odom & Frey Futures, FOREX & Options.

Or subscribe via email:

FXstreet.com DVD Series

Support and Resistance Trading DVD series by Rob Booker and Dave Murphy.

Next webinar

Asian Session: Live Market Analysis
by Dr.S.Sivaraman
July 06, 05:00 GMT
Register for the webinar

FXstreet.com Weblogs

Links

USD/CAD looking for a shot upwards?

Posted on July 16, 2008 at 19:22 in New Trade Idea by Rob Booker

The USD/CAD, it is no secret, is my least favorite currency pair on the planet. I could do without it, really, sometimes. It can really annoy me at times.

Here is a new setup. Here’s the 4 hour chart, with our green Baseline:

And her is the 1 hour chart, and our blue Entryline. If the pair closes above the blue line, we should see a move to the baseline.

Tags: USD/CAD

5 Responses to “USD/CAD looking for a shot upwards?”

on 17 Jul 2008 at 12:12 am1murat

can we get earlier in the trade?
on 17 Jul 2008 at 1:15 am2Rob Booker

I generally like to wait and be patient for an entry. Especially with this pair.
on 17 Jul 2008 at 2:26 am3PipMonster

Alooohaaaa…Rob and Dave.
PipMonster checking in.

Nice aud/usd play thank you.
Gold gave us some help by losing some bling, along with his brother the “Greasy1″ oil.

PipMonster
on 17 Jul 2008 at 8:11 pm4murat

hi rob,can i subscribe to the signals, i have no visa or mastercard, so i want to pay with paypall if it can offcourse, i live in the netherlands,
on 17 Jul 2008 at 8:17 pm5Rob Booker

MURAT,

sure. just send me an email.

Rob

Trackback URI | Comments RSS

Theme by Forex Street Powered by Wordpress

The comments and posts published in this blog ARE NOT trading recommendations. They can NEVER be considered as trading calls or advices. If you decide to use the information offered here for your real trading it is at your own risk.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.