Captain_Walker

USDCAD: Contrarian perspective.

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Loads of crowds are heading north on USDCAD . I don't follow crowds - sorry. In this screencast, I show my rationale for a contrarian perspective based on patterns in USDCAD (1D) and weakening in US-Dollar (1D) trend strength. I'm currently exploiting a 30 min time frame microtrend and willing to take a controlled loss ( aka stop-loss), to limit how wrong I may be. I've focused on US-Dollar moves which is a limitation of this assessment.

There are no predictions here, as I operate without targets.

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