Euro / Canadian Dollar
Long
Updated

Quick Inertia Tactical Long

40
Fundamentals & Sentiment

EUR:
- Some recent positive economic data

CAD:
- 0.5 Cut should spur some short-term bearishness

Technical & Other

  • Setup: S(B)
  • Setup timeframe: 1h
  • Trigger: 1m (right after the BoC 0.5 cut announcement)
  • Medium-term: Range
  • Long-term: Range
  • Min target: Local high
  • Stop loss: 0.25%
  • Position size: 0.5 of the normal Risk Unit.
Trade closed manually
Lack of follow-through; -0.4R

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