06 March 2015

EDZ6 : Short at 98-35

  • Trade put on minutes just pre-NFP (+295k, 5.5%) release looking good, Jun hike back on the cards.
  • Not much to support trade from monthly and weekly charts. Range trading.
  • Daily has a double top, NL at 98-43.5. Intention here is to get on board the rate hike train early, and build on that because once it gets going it will be difficult to catch on.


Taichiseal said...

Taken profit at 98-25 to make room for increased long USD/CAD risk. The USD/CAD chart looks much more interesting than the EDZ6 chart.

Taichiseal said...

- 98.2875