Followup to the plans (link below)
It is pretty close to the low end with dropping volatility. Only problem I have is that the background signal which was bullish has turned a bit less bullish today.
I will buy a small long position. and wait for confirmation.
The signal usually takes 2-3 days to confirm a phase change, let's see where this goes.
PS. High correlation still exists between CAD and Oil, and oil is in a bearish trend but in a short term upside to 85
Taking this risk is thrilling, be responsible and enjoy the uncertainty. That's what trading is all about for me
Redd
It is pretty close to the low end with dropping volatility. Only problem I have is that the background signal which was bullish has turned a bit less bullish today.
I will buy a small long position. and wait for confirmation.
The signal usually takes 2-3 days to confirm a phase change, let's see where this goes.
PS. High correlation still exists between CAD and Oil, and oil is in a bearish trend but in a short term upside to 85
Taking this risk is thrilling, be responsible and enjoy the uncertainty. That's what trading is all about for me
Redd
Trade closed: target reached
Closed a bit here. Current range is 87.67 - 90.17, so yea I will close this thread for today and will publish the plan tomorrow on the same
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.