It looks like I over estimated the range that the pair traded in today as the pair never came close to our short entry and came within 5 pips of our long entry. So, no trade on a very boring trading day.
No Trade Entered.
Let’s face it. Traders are looking towards some good food, time off and some relaxation this holiday weekend. This means we’ll continue to see less action this week and possible spikes as the markets lose some liquidity. We do have one more potential opportunity this week in USD/CAD before the holiday, so check out tonight’s “Pick of the Day.” After that, it’s Turkey Day in the US which means no more Picks for the rest of the week. I hope everyone has a happy and safe Thanksgiving weekend!