05 August 2011

USD/CAD : Stalking

  • Managed to take profits on non-core short USD/CAD right at the lows around 0.9403 (actual dealt rate 0.9412) while in Shanghai. This remains my favored trade but as usual, is at the same time the source of much anxiety.
  • Downtrend is intact in spite of sharp pullback currently underway.
  • In stalking mode. Awaiting signs of topping to re-establish non-core short (core short intact and suffering).

1 comment:

Financial Journalist said...

Congratulations on your USDCAD trade.

Time to short USDCAD again?