Canada's Dollar Rises to 30-Year High

It's happening again, with a 30-year record high since 1977! I am still holding a single long position USD/CAD position from 1.0302. The pair is pretty well beaten down (again) today. Earlier, it traded as low as 1.0200.

Although I am still quite confident about its "soon-to-happen" recovery, I am not going to add another long position from here (1.0228).

A week ago, my system experienced this as I overtraded the position .


The system has since rebounded strongly from there and right now, I just need to have some patience to ride this through.