Current spread is 550 Pips, the widest since mid June 2015.
We will be going Long USDCAD & Short EURCAD
These pairs have been 70% to 96% correlated during the past year. Since they have been recently become uncorrelated we expect the correlation to return shortly.
EURCAD is approximately 25% more volatile than USDCAD therefore your position size for EURCAD should be approximately 70% - 80% your USDCAD position size.
Our algorithm is showing an 89% chance of USDCAD rising over the next 1 - 2 weeks.
We will be going Long USDCAD & Short EURCAD
These pairs have been 70% to 96% correlated during the past year. Since they have been recently become uncorrelated we expect the correlation to return shortly.
EURCAD is approximately 25% more volatile than USDCAD therefore your position size for EURCAD should be approximately 70% - 80% your USDCAD position size.
Our algorithm is showing an 89% chance of USDCAD rising over the next 1 - 2 weeks.
Operación cerrada manualmente
We closed our correlation position picking about about 78 Pips. EURCAD short yielded +81.2 Pips while USDCAD yielded -3.1 Pips. Not bad for a low risk trade.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.