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IvanLabrie
Jan 21, 2017 3:58 PM

USDCAD: Potential intermediate term top 做空

U.S. Dollar/Canadian DollarFXCM

描述

USDCAD might be topping against this level. We can go short at market, or on a break under Friday's low. Risk a new daily high initially. I'd risk 0.5-1% on the trade. Hold it for a week and see if it makes any progress.

Good luck,

Ivan Labrie.

评论

Almost filled on the conservative entry. I had shorted last Friday already, and it's in slight profit for now.

交易手动结束

评论

We might be able to reenter shorts soon:


Within 1 or 2 days we could have confirmation of the down move.

评论

Almost at the target here. It could evolve into a longer term decline.
评论
Tucson2016
Thanks, Ivan! I will think about it. Maybe I will close it also. I see this rejection from 1.31 zone.....It can be a bottom for now. Will see how it will close a day; if it closes above 1.31, I will probably close my position.
Tucson2016
I short usd/cad also. Sold at 1.3230 and 1.3360 this week. Waiting for 1.28 at least.
IvanLabrie
@Tucson2016, good luck! I shorted at 1.3270 for now.
Tucson2016
Hi Ivan! Why you closed this trade? I am still keeping it. Do you think it will reverse?
IvanLabrie
@Tucson2016, I reccomend standing aside for now, it can remain sideways in this zone.
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