- Shorting USD/CAD has long been a favored trade here, notwithstanding the last unsuccessful attempt against a basket of Risk Off trades (which was a disaster).
- Limit order to re-establish a fresh naked short at 1.0582 filled earlier this evening.
- Think this is near term range-bound 1.03/1.06 and longer term bearish so it makes sense to put something on here.
20 July 2010
USD/CAD : Initiated Short @ 1.0582
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3 comments:
Took partial profit @ 1.0359.
Re-sold 1.0420
Bought back at 1.0318
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