In this screencast I show how waiting for a key position in the market is good idea. As I always say, 'Stalk 90% trade 10%'.
The CAD - often referred to as 'the Loonie' (not by me) has been in some trouble across many currency pairs. I'm not interested 'why'. All I care is where the trend is going and key areas of opportunity and probability.
As strange as it sounds, not trading is actually a winning strategy. So for newtraders especially, don't feel that if you're not in a trade that you're missing something. You are actually wise.