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kitkan87
Nov 4, 2016 2:12 PM

USD/CAD on the Light blue train 21OCT Short

U.S. Dollar/Canadian DollarFXCM

Description

2 weeks ago I sold the 0.715 PUT in /6C ( D61! ). I was looking for it to range back down and initially it did but never hit my target profit (2 ticks away). Since then it's run away from me a bit and followed the Light blue line just like TRON taking the Light train to the exit.

As the Canadian dollar is a proxy for Crude oil also CL1! I'm looking for Crude to move up to help the Canadian dollar to move up.

Trade closed manually

The Canadian dollar moved up today and it gave me a chance to close this position for a profit.
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