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.
Trade chiuso 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.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.