USDCAD is trending to the upside prior to the USD 4 week bill auction that reveals the yield on the US Backed securities. Technically the pair has held the key support figure and the RSI is bullish. We anticipate continued upside into the 1.2700 level.
R:R is risk to reward, you'll see here this trader has more risk to reward in this trade. If he loses the trade, he has lost more than he would of gained if he won.
ToniSignals
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@mjchase, Why be concerned? The strategy has a positive return. There are plenty of winning strategies with inverse r:r, and there are many losing strategies with great r:r.... This is a silly comment.
mjchase
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@ToniSignals, if your trading opportunities with less than 1:1 risk to reward this is a recipe for failure. The trade also reached stop as It was a premature entry.