CAD
Taking cad sell at 10165-70 orders on third test is to risky will wait to see if break and look to sell higher. Markets in majors in tight range so needs to break for safer trades.
NZD
Nzd has paid out close to 50 pips now, you can clear trade or at minimum lock it in at profit. I continue hold but at this point could clear the trade based on market without being able to update before hand. Still targeting under 78.
Trading Opportunities Later Today / Live Trade Call for December 13, 2007
This morning we were watching data from Canada as well as the US. I focused more on the Canadian Trade Balance than the U.S. Trade Balance report. The plan for the Canadian Trade Balance report was to go short on the EUR/CAD if it came out higher than expected by more than $.8 Billion. The…
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