How I'm managing the risk of getting long at the USD/CAD floor

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How I'm managing the risk of getting long at the USD/CAD floor

Post  akaishuu on Wed Oct 13, 2010 1:25 pm

This is actually a short-term intraday swing entry that is setting up what I call a "one-thing-leads-to-another". If the pressure can continue towards the area between 1.0110 and 1.0995 this fifteen pip area will be a cushion from which buyers could rally the market since there is still a sideways range on the daily.
???
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akaishuu

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