anybody else just get rich by being long usd.cad on 7/15/15? I can't find anything on my calander. Wasn't really paying that much attention, next thing I know I am rich! that makes me long a full load from 2746 with no profit target in sight
i was short the canadian dollar too...stupidly, i put a limit order to close ...could have had an extra 40 pips ...
oh sorry, I'm trading usd.cad, you were probably long eur.cad, thanks for the info. USA raising, cad and eur lowering, should make for a lot of fun
nah, i was short Canadian dollar futures. investing.com calendar lists all the main announcements. i knew ahead of time there would be an report at 3pm and also a conference at 4.15pm BST. Was jittery, i know how currencies like to spike...hence the order. so you are rich now, please define rich where will you exit your loonie position? i wish i had kept mine, it's broken 5 year lows and is heading for 6 yr lows
already exited, but it's not the loonie's fault. I was just too long USD, so I needed something to get long against it, and CAD looked like the best bet. I will scalp it from both sides until it shows me it is ready to move again. That loonie and cl have moved in concert for quite some time.
yes, i have noticed loonie and cl relationship as well...as expected...loonie is a commodity currency, canada big oil producer.