USDCAD | SHORT Swing Trade | update 1.6
Happy Monday fellow traders. If you’ve been following my posts (see below), you would kno is that we have been shorting the dollar for 2 weeks now using our multiple entry and multiple exit strategy (me/me), averaging our prices anticipated dollar weakness as the technicals have supported and fundamentals have pushed.
For us swing traders, technicals give us setups and the news just catapults pricing to previously identified levels of demand.
Big banks for several weeks have been taking stops for those holding on to pipe dreams that dollar is king in a midt of uncertainty. Don’t let them instill fear, because fear is the evil twin of greed.
In closing, trade what you see and not what you think. Follow me and trade your way to freedom- and always remember, you don’t need A’s to reap rewards. Like C’s get degrees probabilities of 60% or more with a good money management strategy can get you a solid return on investment equity curve.
Less is always more!
For us swing traders, technicals give us setups and the news just catapults pricing to previously identified levels of demand.
Big banks for several weeks have been taking stops for those holding on to pipe dreams that dollar is king in a midt of uncertainty. Don’t let them instill fear, because fear is the evil twin of greed.
In closing, trade what you see and not what you think. Follow me and trade your way to freedom- and always remember, you don’t need A’s to reap rewards. Like C’s get degrees probabilities of 60% or more with a good money management strategy can get you a solid return on investment equity curve.
Less is always more!
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