I think it is now ripe...

FX:USDCAD   U.S. Dollar / Canadian Dollar
1803 37 76
Comment: currently @35 pips and still going..
Looking good
Comment: I think that we have now started the move down..
Comment: FOMC is in about 5 hours..
We must exit just before that and maybe find another place to re-enter

So try to catch as many pips by that time as you can. We are now at ~35...
Comment: During FOMC, our trade will still be valid BUT we must manage spikes
Comment: Still valid...
Still in it.
Comment: This chart was updated n a new chart.
Please check the update and note that this chart will no longer be updated
This 133600 level has been great support. Its gonna take news to bust through it. Nfp should bring the volatility to do so.
+1 Reply
It is the WPP which price tends to hover around during NFP week until the news breaks which is great to know and exploit
would be very funny to manage it during fomc, but not my case ;)
good luck
Thanks for warning about FOMC!
no worries
oh good catch, so many things to do today almost forgot about FOMC

TY sir!
my pleasure
Excellent work really appreciate all the time you invest in showing us your charts . I am in on this one, appears to be consolidating a little on lower time frames will keep my eye on it - again thanks
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