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US NFP And Canadian Employment Data Leverages A USDCAD Setup
The market's top market moving economic indicator (the non-farm payrolls release) is due Friday; and the release couldn't have come at a more critical time for the US dollar. After a significant rally against nearly everyone of its major counterparts the currency may finally be losing steam. Will an eighth consecutive contraction in employment break the dollar's rally? Where are the best oppurtunities to play this event risk? Read on to find out.
my open trade at USDCAD still floating loss for now, i buy it since friday and hope will get profits today.
I short G/U last Friday, but today gap heppend when maket open, the price over my S/L make me lost 120 pips.
sometimes SL can make you get loss when you can get profits if you aren't put it at your trade, but sometimes SL can prevent you from loss more from market movement :)
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