Here is the long awaited post on that long-term trade that I had taken based on the weekly/monthly charts on the steady USD/CAD pairing.  To date, I am up quite a bit however still a long ways from reaching my target of achieving 1,575 total pips.

As of this moment, its perfectly straddling the support lines and I foresee an eventual pop to the upside.  This trade is a no brainer for me and i’m not loosing any sleep due to the long term nature of the trade.

Here’s an update chart:

USD-CAD Dec 6, 2009 Trade Update




Related Posts: