Short USD/CAD
Note
Much volatility today, comments tomorrow from Bank of Canada on interest rate going forward, overall market expectation seems to think no change on rates but "hawkish" or "dovish" comments going forward could have a significant impact on direction of currency pair. As for myself, I intend to ride this out, stop loss set @ 1.26046 would be my entry point from about 2 days ago. Whatever your decision, be smart, use good risk management and best of luck in your trading!Trade closed: stop reached
Stop loss hit, wouldn't classify as a complete failure, but definitely not a success either.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.