Tuesday, December 1, 2009

USDCAD—Up and down and round and round

I blogged that I bought at 1.0550 yesterday, took partial profits at 1.0585 for +35 pips and moved stop to breakeven. Am I glad I moved my stop to breakeven? Well, yeah, I guess. This pair is a jumping bean, lately. It has gone as low this morning as 1.0425 which is only 7 pips above the November 11 low I cited as a support area yesterday. Am I thinking about buying? You know I am. Off I go to analyze the charts… will post shortly.

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