AUDCAD: Potentially very interesting setup

26 янв. 2016 г.

In the current enviroment, it's nice to add a 'long Canada/short Asia' trade, and this is what this setup is.
Currently the trend is up in the weekly but there seems to be a chance for a sharp decline in the daily chart.
Risk to reward makes for a great trade if it works, so it's worth it to risk at least 1/2 position on it.
Props to Synapse here for mentioning this pair to me today, I've been waiting to long Canada again, and this seems like a good vehicle for such trade.
Good luck if taking it!

Cheers,

Ivan Labrie.

26 янв. 2016 г.

Сделка активна

Forgot to post, trade active...I actually added to it a bit earlier.

27 янв. 2016 г.

Заметка

Might be safer to reduce exposure to this trade by keeping the first entry and trimming the add.

30 янв. 2016 г.

Сделка закрыта вручную

(I forgot to update, I got out of this one after price action started shaking around)
It's safer to not touch this pair now.