28 August 2009

USD/CAD : Bottom Picking Range Trade

  • Last 1.0815
  • Fresh long at 1.0806
  • Monthly candle = possible pause in sell off
  • Weekly = near to bottom of recent range.
  • Attempt here to range trade from long USD side. With luck, this might turn out to be the initial Risk Off trade that I have recently been stalking.

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