Strong Sell - Little bit late to the party but whats new Cad still alot stronger than the USD all the talk about the US Dollar is it's getting printed into oblivion so it makes it weaker in layman's terms, the CAD is highly correlated with Oil and Oil is still making a Charge, all-time highs this year back to the previous level before the Crash and did it crash omg! so that shows the strength there, overall trend is major down. New York Session seems to be pushing the USDCAD down the most overall. Easy one if ya ask me when the story is strong that is good.
Always use a stop loss a wide one on this should be fine who likes getting stopped out.
Ultra Metre MT4 is - red 96 Elliot wave projection - 1.23660 Assian session pushing down hard
@Dave-FX-Hunter, Yer bro that's all ya can do, if the story changes the trade should change, but unless the Oil Barrons don't want Oil to keep going up which i don't think they do and if the Fed doesn't stop pumping money into Financial system and the US economy which I know they are not going to do this year at least then this relatively short term idea should play out, but! ya never know 100% that's the name of the game : )