Thread: Type of interest of the DAC

Forget to guess the data, react to the price logically.

Remember that the CAD moves with the crude oil. If today the oil falls, the rate data can move to the background.

Today WTI is going down... that makes me think USD/CAD has room to go up.

And if he breaks the 1,3680 with force, I go in without thinking twice.

But don't forget to put the SL well away from the noise of the news. Don't be one more to get it out in the first jolt.

I'm adjusting my stops to a 14-period ATR, so I adapt to the volatility of the day.

That's a good way to keep the risk under control.

A lot of people overestimate their system. No matter how good it is, news can undo it in 2 seconds.

Thank you for so many tips. I have been made to rethink the whole approach to this operation.

That's the point. It's not just running an operation, it's understanding why, when and how to do it.