Need a Broker?
Please visit my sponsor website (new window opens)


CADCHF looking for longs

So we had a big rally on CAD and we have the Bank of England’s Mark Carney speaking @ 11:45. I am 100% sure everyone’s focus will be on the UK/Scottish split, we could see further drops in Sterling and related currencies.

CADCHF is interesting as there is a huge gap up above 0.85715, we are currently at what looks like the bottom of a hook so I’m looking for longs.

Incidentally the pair has just moved straight back into a channel it was in already.

My robot “STRobot” is really quite uninterested in trading at the moment as the markets are on the whole hooking and he doesn’t like hooking. I have built in some new technology to avoid us getting into a hook at the wrong place.

 

http://www.strobot.co.uk

Leave a Reply