Thursday, August 29, 2013

USD / CAD UPDATE: THURSDAY 29/08/2013. 17:13HRS

USD / CAD:

Price has retraced and stopped me at break even.

Price has now moved back up and is the position is making new highs without me.

Current price is 1.0528 or 1.6% in profit.

Chart below:

 

 
Price is cheeky when volume is low.
 
I feel cross that this has happened again, but in real time removing the risk looked like the right thing to do.
 
Obviously with hindsight that was wrong.
 
My bad.
 
I will update again when the next strategy trade has been identified.
 
 
 
 

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