After seeing a high of 1.1547 in the Asian session, I placed a limit order at 1.1500. Filled. Market has bounced back. 1.1528 bid. Stop now placed at 1.1500 because even an angel can end up falling.
I remember those options defense levels in last usd/jpy rally. I tell you...sometimes it works sometimes not ...
I am still long USDCAD also. I got in twice around the 1.15 area last week. I am holding this one for a while.
Good work... I think you want this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=62706