Daily Archives: November 27, 2007

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USD/CAD reaches Parity, Now what?

Bank FlowBy Dustin Pass November 27, 2007

Several weeks ago I told traders that I was expecting the CAD to return to parity (1.00) and I was going to begin to build a position long. If you traded this with me you can clear your positions as the USD/CAD struck a dollar almost to the pip today. This trade has made its…

Live Trade Call for November 28, 2007

US News DataBy Dustin Pass November 27, 2007

I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the UK GDP report last Friday. For the UK GDP report, we were looking to short the GBP/USD if the report came out…

Clearing Cad Positions at Parity?

Bank FlowBy Dustin Pass November 27, 2007

The Cad has moved up extremely well over the past few weeks and the market has come within 15 pips of our first long term target. A new pattern has shown itself and I expect to see the Cad continue up to around 1.0150-79 however we are comming into months end and have had a…