usd/cad, page-4

All fair enough Rawk.

Have a look at the volume of the USO (US Oil Fund) on www.stockcharts.com - particularly note the weekly chart and the potential MACD crossover. Also look at WTIC.

Note the difference as well of something like $9 between the March and April contract.

Gold has bottomed, Oil seems close to a potential rebound, NATGAS has already rebounded - FX difficult to trade with so many different fundamentals affecting them - but what is important with any of the six currencies tied to the USD index, is what that index does, as that then affects commodities, which then rise.

Copper has also broken out, Grains supposedly bottomed etc, etc.

Long anything the USD is risky, but its my opinion only and in no way dismisses your accurate observations on their housing/economy.

Hope it works for you. I took 3/4's of my profit when it went down to 1.23 a couple of weeks ago, hoping it would continue downward, it hasn't but ready to re-open when I get the right signal.