FXTrade #3
LONG USDCAD (again!)
Duration:0-2days
H Dollar Value:1.95
After taking ~25pips just now on the short term charts, i actually like a longer term position. i expect the long usd/cad would prove pretty good in the 15mins. However, do expect a longer duration and max drawdown proportional to the duration size. In finance we usually use Square root(5/15) as a proportionate approximation.
LONG USDCAD (again!)
Duration:0-2days
H Dollar Value:1.95
After taking ~25pips just now on the short term charts, i actually like a longer term position. i expect the long usd/cad would prove pretty good in the 15mins. However, do expect a longer duration and max drawdown proportional to the duration size. In finance we usually use Square root(5/15) as a proportionate approximation.