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.

2 comments:

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