The Canadian economy comes out with retail sales tomorrow. I suspect that the news will be positive based on my analysis.
Since the CAD is influenced by OIL , look at oil and trade the CAD. I am not sure which currency to pair it with yet.
I need to make sure the CAD is strong and find a weaker currency to go with it.
Another think to keep in mind is the Brexit/Bremain effect that could swirl into the markets overnight while New York sleep. So, I'll just watch...next week is a better week. More trades next week....sharpening my sword for battle!
Since the CAD is influenced by OIL , look at oil and trade the CAD. I am not sure which currency to pair it with yet.
I need to make sure the CAD is strong and find a weaker currency to go with it.
Another think to keep in mind is the Brexit/Bremain effect that could swirl into the markets overnight while New York sleep. So, I'll just watch...next week is a better week. More trades next week....sharpening my sword for battle!
Trade closed: target reached:
took profit:
Comment:
There is further room for appreciation, but I will took profit here. I will look to re-enter next week.
https://i.gyazo.com/176fdec54140c0bc047a2793ba4dbfc2.png