Trading strategy
Sell for more than what you paid.
Buy for less than what you are going to sell.
Been trading the USDCAD for almost 10 years now on CFD market.

Been buying and selling USDCAD industrially for over 30 years.
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Write a Squawk to John Shaw
  • 3d
    John Shaw John  Shaw
    Looney sure got stomped on this morning bud.
    Michael O'Neill Michael O'Neill
    CPI and Retail sales were well-off the mark, catching traders short USDCAD. A July rate hike was 100% priced in according to OIS. that may get...
    jjlewis jjlewis
    We have a direct genuine provider for BG/SBLC specifically for lease, at leasing price of 4+2 of face value, Issuance by HSBC London/Hong Kong or any other...
  • Squawk / Thursday at 20:54 GMT
    FX Trade Strategist /
    Market Wrap: Part 3 Friday Focus: USDCAD gets a turn at centre stage. Retail Sales and Inflation reports are due. March Retail Sales are expected to rise 0.3% (February 0.4%), ex-autos 0.5% (February 0.0%) April CPI and core CPI are expected to be unchanged at 2.3%, and !.4%, y/y, respectively. Stronger Retail Sales and higher inflation could drive USDCAD to support at 1.2710.
    Read the Squawk
  • Squawk / 09 May 2018 at 21:05 GMT
    FX Trade Strategist /
    US Wrap: Soaring Oil Boosts Loonie

    NY Focus: Canadian dollar traders finally took notice of the lofty levels for crude oil prices and sold USDCAD. It came under pressure in Europe and opened at 1.2940 in New York, above what should have been solid support at 1.2920. WTI oil prices were trading at $71.03/barrel, suggesting European traders ignored the on-again, off-again USDCAD/WTI oil correlation.
    New York continued to sell USDCAD, triggering stops at 1.2920 and 1.2860. Sellers were encouraged by weaker than expected US PPI and better-than-expected Canadian Building Permits data. The move accelerated after the Energy Information Administration report of a 2.197 million barrel drop in US crude inventories, lifting WTI oil prices from $70.63 to $71.35/b.
    AUDUSD and NZDUSD got a lift from the rise in commodity prices and profit-taking.
    Read the Squawk
  • 26 April
    John Shaw John  Shaw
    Check the chart too. It does have a date and time.
    26 April
    Market Predator Market Predator
    @Erik: Michael and other writers changed their time of publication on TF to the European trading session time since about 2 weeks ago.
    The same attitude could be...
    27 April
    fxtime fxtime
    @Erik There is a time lag between our article postings followed by the editorial team working their magic before publishing.
  • Squawk / 16 April 2018 at 5:51 GMT
    Founder, Owner, Director / Market Chartist
    United Kingdom
    “Risk on” theme reflected in Forex markets; USDCAD and USDJPY focus

    April recovery activity by European and Asian equity indices and basing patterns by US equity average highlight a shift towards “risk on”.
    This has been echoed in Forex markets with the US Dollar weakening against major “risk” currencies (the Canadian, New Zealand and to a lesser extent Australian Dollars) and rallying against the safe haven Yen (USDJPY higher).
    The USDCAD surrender of 1.2612 set an intermediate-term bear trend.
    USDJPY Is seen in an intermediate-term range, BUT with the asymmetrical risk for an intermediate-term bullish shift above 107.90.

    See the full article here:;-usdcad-and-usdjpy-focus.html
    Read the Squawk
  • 13 April
    fxtime fxtime
    Totally agree....hopefully Mike.... Saxo/Tradingfloor keep your postings as they are worthwhile to us all and there is no cross over of their recent policy for ''inhouse'' Saxo...
    14 April
    anatolyvyacheslavoil anatolyvyacheslavoil
    This comment has been redacted
    15 April
    ksea ksea
    Thanks Max. Hope you can stick around. If not, good luck always.
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