Usd/cad

Hey, you guys are the Pip snatchers club!

 

Not good to be short at this point. I assume your stop was hit?

 

Today's whipsaw low, ahead of jobs data, picked off this long. You snooze, you lose. (By snooze, I mean not trailing a stop or simply selling while the trade was well above water this week.)

 

yes

 

H4 Probability MaP for $Cad
<img src="http://understandmarket.com/images/POBCADBEMNOWRTY2434_G.gif">

 

Trend line is holding...

 

Went long, heavy @ .1584

 

Closed on rejection of 1.1628.

I'll take my $800 and run, thank you.

 

Bought heavy at .1586 rejection.

 

And closed at .1624 rejection. Another $900, but this range crap is getting annoying. Will remain flat for a while.