06 May 2014

USD/CAD : Initiated Long USD/CAD @ 1.0913

  • Most recent trade : Stopping out 1 Risk Unit of long USD/CAD @ 1.1030.
  • Am making assumption that the big periscope breakout (monthly) is the big underlying driving force. If so, will have to read the weekly and daily charts weakness as pull-backs nearer to bottom of recent trading ranges. Thus going long is my thing.
  • Trade : initiated very small long (0.3RU only) at 1.0913. Will do more around 1.0860.

1 comment:

Taichiseal said...

Changed my mind. Cut loss at 1.0863. Betting on USD strength just not working at the moment.