Forex signal #15: Usd.Cad: Loonie Monday update
December 2nd, 2009
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A very frustrating week with Loonie Monday set and forget with wild movements (spikes) taking the positions in and out prematurely. A few members report jumping back on the short trade and picking up some of the pieces. I did respond last night to a question on the comments page that the price should at least eventually reach the trend-line in the .0466 area, so I know a few of our more active members will have got some or most of their losses back. The low was eventually reached at 1.0406 – (ironically 48 pips below our Set and Forget target). I do not add these gained pips to the monthly display as it was not part of the set and forget system or broadcast by e-mail
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