Quote:
Originally Posted by SIMBA
having a 1.5mm usd position on a 200k usd equity,7.5 to 1 leverage ,has helped our staying power
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Nice stats there Simba... you're no spring chicken.
I just checked the USD/CAD chart after reading your post. I guess even an amateur like me myself has to nail one every once in a while. I'm going to spout off another prediction which in all likelihood will back-fire and send me running to the hole I crawled out of.
I'm thinking the pair will open with a 30 to 40 pip gap in your favor (north) come Sunday night. If it doesn't we should have a clear sign of whether she's still heading south by Monday (Tuesday at the latest). If the gap occurs, it's smooth sailing for a couple of weeks - at least.
I hope you don't mind the added comments, just trying to add to your "what if" catalog.
Good luck on the trade.
MM