USOIL/CADUSD: Oil/CAD spread is too wide
Updated
I think we have an ideal spot to short both USDCAD and USOIL as a pair trade (or just short 
USDCAD with a 3 average true range stop loss). I'd reccomend sizing each leg to risk 1% if price goes against you by 3 times the average true range in the daily chart and holding it for roughly one month, at least.
Good luck,
Ivan Labrie.
USDCAD with a 3 average true range stop loss). I'd reccomend sizing each leg to risk 1% if price goes against you by 3 times the average true range in the daily chart and holding it for roughly one month, at least.Good luck,
Ivan Labrie.
Trade active
Comment
Going well, the pair is up 0.82%, if only in oil you're up 1.22%.Comment
Comment
This is going well:s3.amazonaws.com/tradingview/snapshots/k/KHjLY2DP.png
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