Tuesday, April 10, 2007

Canadian Dollar



The Canadian Dollar made another new high today. I Sold a third of my long position this morning to lock in some profits and to also free up some money so I can buy more if this currency decides to dip.

As you know I never make all or none decisions. I always scale out of profitable positions as they move in my favor which helps me lock in gains, reduce risk and allows me to add on the next dip if I still think a particular market is going up.

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