USD/CAD Daily: Bank of Canada in play and trade deal looming?

Jack Crooks Black Swan Capital

We, including our subscribers (we take the same trades we suggest) are short USD/CAD from 1.3145. Rationales at the time of entry: 1) Bank of Canada in play based on the recent Deputy Governor’s hawkish speech, and 2) a trade deal with the US…and of course the Wave setup below that has played out nicely so far. But as we all know, one Tweet from President Trump can change all that. :)

Author

Jack Crooks

Black Swan Capital

Experience Jack has over 30 years of experience in the currency, equity, and futures arena. He has held key positions in corporate financial analysis, brokerage, investment research, money management, and trading.

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