2020.12.10 CADUSD Update
As there is interest in my analysis of the USDCAD and CADUSD pairs, I will begin reporting on strategies as I identify them.
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For transparency, I will track my Forex trades on the CME Practice Simulator.
The CME uses the CADUSD pair and that is how my position will be executed.
The USDCAD trade would be the reverse of this example.
The account balance and Open Positions as of December 7th as reported in the CME Practice Simulator are below.
As you can see I execute sell orders resulting in a nice profit for those trades.
The account began with the standard $100,000 and I have made two trades using my strategy to date.
At the time of the publication, I do not have any open positions.
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