In this screencast I show how waiting for a key position in the market is good idea. As I always say, 'Stalk 90% trade 10%'.
The CAD - often referred to as 'the Loonie' (not by me) has been in some trouble across many currency pairs. I'm not interested 'why'. All I care is where the trend is going and key areas of opportunity and probability.
As strange as it sounds, not trading is actually a winning strategy. So for newtraders especially, don't feel that if you're not in a trade that you're missing something. You are actually wise.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.