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Almost found a nice opportunity to make some money yesterday

AdamFx42 Posted 13 June  in #Trader's blog #CAD Data #EUR Crosses #EUR Long
I thought that I found some nice trading opportunities on the market yesterday
Fundamental and technical analysis led me to believe
it was time to short AudUsd below highs and buy Eur crosses above support
I did not want to risk my capital so I used tight SL's
I started with a long EurJpy above 1.23, but that was stopped out
I went long EurAud, and EurNzd above support and shorted AudUsd and AudCad below highs
all with relatively short SL's
After some Cad data came through my AudCad started maki…
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Canadian unemployment data coming up

AdamFx42 Posted 10 Apr.  in #Trader's blog #CAD Data #Expected Weak #Pairs To Buy/sell
The Canadian unemployment data is coming up today
All over the world jobs have been bad - think of the last NFP data release, last Friday in the US
If Canadian data release is in line with this trend, then we could see CAD in trouble
To maximize the trade I will start selling Cad/Chf, which is relatively cheap pair,
but still has the potential to move,
Nzd/Cad seems a canditate too, as does Aud/Cad -- these pairs are strong at the moment,
I will buy these
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AdamFx42 11 Apr.

Wrong again  ..  :-(

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Taking advantage of CAD strength buildup before data release

AdamFx42 Posted 24 Jan.  in #Trader's blog #CAD Data #Positioning Of Traders #Pullback In Pairs #CAD Crosses
Today is a big day for Canada, as a lot of data releases are due this afternoon
Although you never really know the outcome of the data, one thing that I like to do
is to try and trade before a (major) data release because you can take advantage of the positioning of traders;
let me show you how this works:
Technically Cad is very low against Usd, and 110 has been broken this week,
and it is natural that a retracement from 112 highs is going to happen,
this morning we see a retracement happening …
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