Bank Flow

5/13/08 Bank Flow Update

USDCAD

Yesterdays posted level on the CAD of the 1.0019 area, give or take 5 to 10 pips, for buys has paid out nicely. The low yesterday was around 1.0023 and made a recovery back to the 1.0090’s. This combo can be a tricky pair to trade and congratulations on those that took advantage of this level and profited the 40 pip intraday target. If you continue to hold this trade I would suggest locking in profit to protect your margin.

Dustin

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