ForexDreams

POSSIBLE USDCAD SCENARIO

FX:USDCAD   U.S. Dollar/Canadian Dollar
33 0 0
Short today, Long tomorrow.

NFP tomorrow, might help drive this up. Could happen, not 100% confident, so I'm neutral for today.

Let's see how this play out.

UPDATE: I decided to take the short @ 1.13584 with a TP/SL of 30.

Quite inclined to long instead and cancel this trade. I prefer my alternate scenario than this.

UPDATE #2: Short trade closed: -22.6 pips (was hesitant to take a -12 pip loss, serves me right).

Going long instead 40 pip target.

UPDATE #3: Long closed for breakeven.

UPDATE 5/12/2014: Would have got 30-40 pips if held. Was impatient and tired and closed prematurely)

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