15 March 2010

USD/CAD : Below 1.0204 = New Bear Leg

  • Increased short USD/CAD position given the break below 1.0204 on Friday night.
  • Parity?
  • Traded this well. Small position. No tinkering (only 5 tickets all year). Just sitting on the trend. Need to apply same lessons here elsewhere. Less is more. And more is less.

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