Cad
Locking in the cad trade to atleast breakeven from 10370, with data coming up not worth the risk without protection. If it gets hit will look to reenter based on market action. If want can just clear for 50 pips now.
Update
Only trade looking to take now is sell usd/cad 10370-90, preferrably close to 90. Use caution as the BOC interest rate announcement is out at 9 eastern.
Up to 90 Pips of Profit on UK Retail Sales/Live Trade Call for January 22, 2008
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 Retail Sales report last Friday. For the Retail Sales report, we were looking to short the GBP/USD if the report came…
DetailsWeekly outlook for majors & commodities
This week we start off with a holiday here in the States. As usual the lack of volume will cause volatility to be more extreme than normal. Global stock markets continue to fall as they begin to realize that the problems here in the US will not be fixed anytime soon. This is also causing…
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