9 replies to this topic

[calmcookie]

Looking to change some canuck bucks to U.S. plunging pesos :-) ... not sure of timing here. Any comments welcome. C.C.

[Woody]

CC Converted abt 1/3 of what I intend to do on June 4 at 1.0621 ($145,000 CDN) Plan to add every 2-2.5 cents, its an inexact science, convert some every time they say we are going to parity, and we may very well........if the China/Commodity thing has a setback then Dollar will get whacked considering it was at .60 ish not long ago, COT numbers getting back to pullback area My focus is longer term in nature on this.

[calmcookie]

CC Converted abt 1/3 of what I intend to do on June 4 at 1.0621 ($145,000 CDN)

Plan to add every 2-2.5 cents, its an inexact science, convert some every time they say we are going to parity, and we may very well........if the China/Commodity thing has a setback then Dollar will get whacked
considering it was at .60 ish not long ago, COT numbers getting back to pullback area

My focus is longer term in nature on this.

Thanks for your comments. But when "they say" we're going to parity? ... do you mean when it turns up in some news story?

And yes, the Canadian dollar certainly has come a long way from the 60ish levels.

C.C.

[Kimston]

Looking to change some canuck bucks to U.S. plunging pesos :-) ... not sure of timing here. Any comments welcome.

C.C.

Hi CC;
According to my timing analysis, the CD, BP, AD, as well as gold should all make intermediate peaks on July 2nd or 3rd. If these markets are testing or making new highs in that time frame while RSIs are diverging, I will be putting shorts on. As an aside, my timing work is also looking for an important top in equities at the same time. Hopefully it's just a coincidence that everything is lining up for a top the day before the 4th.

Kimston

[Islander]

I trade the currencies and The FXC is a good signal to watch if you are not into the details, When the FXC is moving up the dollar is falling. In general I am betting the US dollar will fall on the C$, and parity or better is likely over the next several years. As for holding C$ there is no limit to speculation, but moving the money cross border is a 1099 report if over 10K, and it makes both government very nervous Islander.

[calmcookie]

Thanks for input, everyone ... appreciate it. As for the U.S. and Canadian governments becoming "nervous" .... I don't care a hoot about either of them ... let'em sweat it out ... this little ole nurse changing a few funds ... at least I'm not nervous ... no, no, no ... I am a CALM cookie.

Edited by calmcookie, 19 June 2007 - 01:21 PM.

[mdwllc]

Thanks for input, everyone ... appreciate it. As for the U.S. and Canadian governments becoming "nervous" .... I don't care a hoot about either of them ... let'em sweat it out

... this little ole nurse changing a few funds ... at least I'm not nervous ... no, no, no ... I am a CALM cookie.

CC: The Loony has or will be topping no later than 6/27. Target for down move is ~92. Hope this helps..MDW

[vitaminm]

FXC 60min buy daly sell R1 94.50

[vitaminm]

FXC

60min buy
daly sell

R1 94.50

now daily buy

[calmcookie]

Thanks for all your comments. C.C.