Thread: ALG's FOREX
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Old 05-09-2008, 03:41 AM
Alg Alg is offline
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Join Date: Apr 2008
Posts: 437
Default We still in cad

We still in USD/CAD 1/4 Long from 1.000, but beafor news put 15 pips stops to save our profit, becouse..........At 7:00 a.m. we are going to have Canadian Employment Change. It is expected to come out at 10K, and the unemployment rate is expected to come out at 6.0%. This is a great indicator but it tends to pop really hard and really fast. If it comes out at 30K or higher, expecting 50 pips of a price action. If it comes out at -10K or lower, expect 50 pips move as well.
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