My Forex Journal

USDCAD CLOSED

 

Yes I will do a sum up when I have a chance... in the mornings it is hectic cause I also trade the U.S. open (equities) but will find some time latter on

 

you mean my open trades?

 

At the moment open trades are :

AUDCAD SHORT
CHFJPY SHORT
EURAUD SHORT
EURGBP LONG
NZDCAD SHORT

 

I guess that's what I meant by USD/Cad trade having potential. It was the potential to have a big move, not that particular trade as I said. Even better now that it took out some early shorts at 1.38. Anyway I'm learning something by following. Not sure what at the moment but I know it's there.

 

Thanks. I'm wondering why no USD pairs. I assume that's just,the system, but Aussie seems stronger than USD, so short USD/Cad would seem more logical ATM. Anyway I realize I'm talking to a mechanical trader.

 

OK saw the update get it now

 

do you use the same process for equities? Yes lots going on there between the two.

 

No totally different. Equities I daytrade, max 1 hour, most of the times I am out.
I trade the day movers in the direction they decide to take. Very simple.

 

yes.