There is a current risk on sentiment in the market and the USD/CAD looks ready to head lower. We will enter at 1.2927 with our first profit sitting at 1.2873 where we will book some profit. The trailing stop is 108 pips but we will close before then if we need to.
Trade closed: stop reached:
We've been stopped out. One of the worst trades in recent memory, right after we went short the market turned around without looking back.