January 4, 2013 4:10 pm (Manila)
Trade was stopped out at -46 pips/lot for a total of -92 pips.
Dollar is rallying ahead of NFP. We'll get 'em next time.
===========================================
January 3, 2013 12:30 pm (Manila)
SELL USD/CAD @ 0.9863
Stop - 0.9909
Limit 1 - 0.9833
Limit 2 - 0.9803
Tomorrow, US Crude Oil inventories are due to come out which is expected to be more negative than last month. Translation: good for the Loonie as Canada is the largest exporter of crude oil to the continental United States.
On the charts, the downward trend has resumed - ending more than a week of correction and USD strength partly due the impasse in the US. On the daily chart, the pair has blasted back into the SELL zone of the B-Band.
Proud and Hoping
15 years ago
No comments:
Post a Comment