hisah wrote:Still holding the trade though small lot size of 0.2. Very risky timing a bottom of an extremely oversold cross. Above 0.87, I'll add larger lot size aiming 0.8950 as stated before. EURCAD is lot size 0.5 & 1.0. As I stated before, it is May 2010 so selling the euro till July!? I swapped AUDCAD with this trade since both CAD & AUD have not decided their bout. Round 12 and no clear winner yet. But if Greece defaults I'll short AUDCAD since risk unwind nails the AUD harder & 1.05 still holds as multiyear resistance.
EURCAD position 1 TP@1.3760. Position 2 TP@1.3550. Both trades risk free.
Bravo boy, hope I had joined u on tht EUR/CAD trade. EUR bearish, those are cool pips. I was a bit skeptical of this trade coz of the Saudi Arabic going back on opec quota news last friday. This was abit bearish for the CAD, and EUR was abit indecisive, bull/bear.
On the USD/CHF, I think ur target is high. If u check on the daily the strong descending channel has held for quite a while, and might still hold. I have two positions open on this, my target for both is 0.8640
“small step for man”