So Dollar is starting to show strength again. Commodities are falling and so are the indices. This is what I like to see to trade markets but it is December and nearly holidays. Which means this is like trading a Friday afternoon. There are trades. But be careful out there.
USDCAD went a little lower than I expected but not by a whole lot considering I am looking for a low in the market. So not a bad shout in my opinion. It has paid me a few long trades but it wasn't easy to position and I would not position for such a long term. My outlook is starting to show USD strength now and I am still aiming for a lot of pips to the North based on weekly levels I outlined previously.
I also noticed oil is gaining interest in many traders too.....which has an effect on CAD
Follow for more updates on this one in the future. More upside is still the target.
See previous Video released
USDCAD went a little lower than I expected but not by a whole lot considering I am looking for a low in the market. So not a bad shout in my opinion. It has paid me a few long trades but it wasn't easy to position and I would not position for such a long term. My outlook is starting to show USD strength now and I am still aiming for a lot of pips to the North based on weekly levels I outlined previously.
I also noticed oil is gaining interest in many traders too.....which has an effect on CAD
Follow for more updates on this one in the future. More upside is still the target.
See previous Video released
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