Simulataneous news for USD and CAD. So how?
Dear Henry,
With the US also have some FA news at the same time, would it still be safe to trade the USDCAD?
Especially if both the CAD and USD news are favorable to its respective currencies, or unfavorable on both ends.
Thanks for the insight.
Dear Henry,
With the US also have some FA news at the same time, would it still be safe to trade the USDCAD?
Especially if both the CAD and USD news are favorable to its respective currencies.
Thanks for the insight.
Instead of Henry's suggestion to enter after retracement, I used the Spike method instead. Stayed short for about 2 minutes after news, and exited with a nice 50 pips profit. Thanks Henry ::)
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