Disliked{quote} Hi, Please keep this mind when analyzing CAD pairs. This is just my opinion but always look at US-OIL before your get into a CAD pair. Just like Michael always analyses the DXY before going further with USD pairs. US-OIL has (i think) has an 80% negative correlation with CAD pairs so in your analysis you were going short CADJPY but US-OIL is currently on its way down (getting weaker, therefore making CAD pairs stronger) to the next Daily demand zone. I would not look for shorts on the CAD pairs until US-OIL hits that Daily demand. That's...Ignored
best wishes
Be careful what you think because your thoughts run your life..Solomon
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