Over the last few months I have been a small by-stander at the forum Forum but'm quite appreciative of help that is within and of the advice and have learnt a fantastic thing.
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that I don't have any expertise with against a trade with currency options or another tool. So any advice would be greatly appreciated.
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Below is an example of a trade which I would like to hedge against. Ideas or any suggestions would be greatly appreciated.
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- Canadian dollar near 38 season low.
- Resource boom slowing down
- Account dimensions of 100K
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Trade lt;ogt;lt;/ogt;
- Economy Canadian dollar
- Volume 5.00
- Time frame 2 Decades and over
- discriminated against trade in additional direction
- Option at 1.0700
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As limited experience with this recommendations will be greatly appreciated.
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PS I will be offline for a few days so won't have the ability to respond until weekend end.
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