Canadian Dollar Update
Yesterday I posted my reasons as to why I was turning bullish on the Canadian Dollar and today we say a nice move up. I got long this currency this morning and my protective stop is right below point 3. We'll see what happens.
Tuesday, February 26, 2008
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3 comments:
kevin, I've read in your earlier posts on CAD that you don't like FXC because it's too thinly traded so how
do you trade this? thanks.
FXC is one way to trade the Canadian Dollar but you may find it difficult to get a good fill because it is such a thinly traded market. Another way to trade the C-Dollar is to simply open a forex account and trade the cash currency.
or a futures account and trade the CAD/USD $.
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