U.S. Dollar / Canadian Dollar
Updated

How To Trade Ranging Markets Amid Important News

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Hey Traders,

The USDCAD has ranged for a while creating bounces of Key PA levels.

Eventually this changes, but in the meantime can be traded in its natural ranging form, just like you would in an uptrend or downtrend.

This creates an important trading lesson.

USDCAD entries/exits also covered Pre news.
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Exit any early longs. Long only very lightly lower TF dips.
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Hold off any future longs until further price fall.
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Still hold off longs we are not far enough yet.
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Bias remains^
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Long orders @ 1.31
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Entries approaching long at mega Tech zone
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exit any longs for gains.

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