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Buy USD/CAD – SL Triggered

Posted on: March 15th, 2012 at 10:43 am

Technically USD/ CAD is near good support levels. can expect some bounce from here.

Buy USD/CAD at 0.9932, target: 1.0000. Stoploss near 0.9880 – (SL triggered)

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45 Responses

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Comment pages: 123Show all

  1. CB Says:
    March 19th, 2012
    Posted at: 7:37 am

    Hi shiva, below 1.3160 can fall further.


  2. kumar Says:
    March 19th, 2012
    Posted at: 12:47 pm

    CB, Got a good review about this website ' http://www.armadamarkets.com/ ".... Hope this may help you in someway...

    Also have some doubts about etoro.... have you withdrawn funds yet?


  3. CB Says:
    March 19th, 2012
    Posted at: 1:27 pm

    Hi kumar, ok. shall chk it out.. not yet withdrawn any money.. if I wish to, they will credit it back to my credit card.


  4. kumar Says:
    March 19th, 2012
    Posted at: 2:59 pm

    oh.okay. But, How could you able to withdraw your money from credit card? since, if you withdraw you may have to pay interest rate to credit card bank right ? because, they won't consider those extra credit as separate right ?


  5. CB Says:
    March 19th, 2012
    Posted at: 3:03 pm

    Hi kumar, no.. only the money conversion tax is included.. which is around 100-150 rs.


  6. Rakesh Says:
    March 19th, 2012
    Posted at: 3:07 pm

    Hi CB, cn u pls write in details regarding money withdrawl thru Credit Card (if the money is refunded to the credit card) and also what abou the taxation ?
    Mr Kumar might be right in noting that money withdrawal thru CC will attract interest @ high rates. So, am confused.
    Hope u disuss in some details.


  7. CB Says:
    March 19th, 2012
    Posted at: 3:09 pm

    Hi Rakesh, I mean, you withdraw from the credit card, say rs.10000 . cards give us a 52 day interest free period. in this time frame you transfer rs.10000 from your bank acc to the credit card. this way you wont have to pay any interest/ charges. these all transactions are free of charge..


  8. Rakesh Says:
    March 19th, 2012
    Posted at: 3:21 pm

    But cash withdrawal thru Credit Card is chargeable from Day 1 with relatively higher interest rate !!! Seems need to clarify with the bank ........


  9. CB Says:
    March 19th, 2012
    Posted at: 3:22 pm

    Hi Rakesh, no, we dont need to withdraw cash. we need to process it online.


  10. shiva Says:
    March 19th, 2012
    Posted at: 8:59 pm

    CB stoploss triggered of USD/CAD?? or still hold?


  11. kumar Says:
    March 19th, 2012
    Posted at: 10:51 pm

    Hi shiva, Triggering Sl is a usual one in trading where nothing is in our hand to keep the price move on hold. However you supposed to exit @ CB cited price since now it's trading @17 pips lower than SL. Later on we could enter if CB says OK. Also do not get nervous because of one trade. Lot's to achieve further since we have excellent adviser CB !!! Don't worry...

    p.s. If you still hold it keep it as it is. It seems finding temporary support around 0.9863. Also volume is low during this heavy fall... So, can expect bounce back from here...


  12. Craig Says:
    March 19th, 2012
    Posted at: 11:38 pm

    Hi Cb.. can you help me in understand hwo etoro works ... ru member of it ... how shud i trade in that ????


  13. CB Says:
    March 20th, 2012
    Posted at: 12:53 am

    Hi shiva, yes.. if still holding, can continue to hold it.

    Hi kumar, thanks for the detailed update..

    Hi Craig, sure. can you please email me at [email protected]. I shall explain it to you


  14. kumar Says:
    March 20th, 2012
    Posted at: 9:13 am

    Hi shiva, Hope you are still holding. Thank god it doesn't fell below 0.9863-61. Now Trading very near to Our CB target of 1. :-)


  15. kumar Says:
    March 20th, 2012
    Posted at: 9:17 am

    oops. i am sorry not near to our target... i little confused. becuase, i have re-entered @0.9863. So, profit percentage confused me.... i apology for it....

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