TRADEVIPER You are correct I can possibly negotiate with another broker. But the Introducing Broker I hooked up with gave me free office space (on Wall Street) and resources to use (Bloomberg terminal etc) The only other thing I have to do is give seminars once in a while. its a pretty sweet deal
There's an existing, substantial CAD thread in this forum. Forex, like most endeavors, rewards thoroughness and intrepidity. Take that as a prompt: you might find one or more posts in that existing CAD thread to be of value. From the looks of it, one or more posters in that thread did.
KS96 One of the best traders I know trades for BNP Paribas and I am pretty sure he uses BNP's research and analysis department anyway BNP Paribas recommendation was real long term (probably yearly)
Feb 27 2006 ... Repositioned myself for long USD/CAD open price avg 1.1586 (3 lots) looking for a range play out limits at 1.1625 looks like there was resistance for EUR near 1.32 ... thats what I am playing off currently go dollar
FEB 26 cont Covered 3 lots at the figure bought 3 more on dips avg 1585 still looking for that range play at 1625
Feb 27, 2006 Wow probably the only currency pair today to feel the wrath of the dollar settled all my longs at avg 1.1653 not sure if I am going to short because the USDCAD is acting loonie I will just take my pips maybe this happeend because metal commodities are taking a hit and Canada is a net exporter of commodities? The only real commodity that isnt taking a hit is oil. This is probably why USDCAD spiked to 1.1664 and came in real quick looking to reposition tonight with the current dollar for tomorrows GDP
Feb 28, 2007 USDCAD short not looking good ... I am not short myself yet maybe if it breaks 1.1700 I will try to take some shorts around 1.1720 we will see how the commodities trade and how the US stock markets do because thats the big issue for this week it seems Gold and metals prices are selling off and of course Canada is a net exporter of minerals, ore, oil. However, if the DOW starts selling off i might try to short earlier hopefully more to come