Short USDCAD

2016年8月29日

Looking for a short term move lower to the 1.2989 level at minimum.

2016年8月30日

註釋

A bit of a fake out move higher here, but remaining short.

2016年9月1日

交易進行

Still short the USDCAD patiently letting this trade develop the move lower that we are expecting. Sometime trades don't go exactly as expected, but there is plenty of reasons to remain confident that price action will develop momentum to the downside soon. The initial target that we set was 1.2989, but one could reasonably revise the downside target if desired 1.2920.

2016年9月2日

交易結束：目標達成

Price action sure took the long way unexpectedly, but that's ok, our conviction was strong that our target would eventually be hit at 1.2989, and it was hit.