Looking to re-enter cheaper...

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Comment:

No rush please

Comment:

USDCAD rate decision should be a mover for this pair. We are currently bearish and the expected news is to maintain the rate as is which should have a negative effect on the pair. So things are inline.

So, once the news is out, we want to be very careful not to enter early. Expect a retrace to the sell zone and don't rush to sell once it happens. if we miss selling at the sell zone, we can sell at the breakout from the bottom.

As always, please be careful as the volatility is very dangerous and if you get enough pips, don't marry the position, take some money and wait for things to settle before you re-eneter

Good luck

Comment:

News in about 40 minutes

Comment:

Those who entered
Please be careful and don't be too greedy

Comment:

If you are still married to this position, have your disaster stop just above KS

Comment:

I know that some of you are thinking of going long
THAT WOULD BE COUNTER TREND
DO NOT DO IT PLEASE

If it goes up, we'll catch it properly later

Comment:

If you re-entered or never left, stops just above KS please

Comment:

I've just updated this trade with a new chart
If you are still in this trade please update your stops according to the new chart
This chart is no longer active

Comment:

For those still in the trade
we just hit the target
please tighten stops and enjoy the pips

Trade closed: target reached