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Strategies & Market Trends : John Pitera's Market Laboratory
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To: isopatch who wrote (17905)3/13/2016 8:56:54 PM
From: John Pitera1 Recommendation

Recommended By
roguedolphin

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Speaking of trading The CAD has been very strong since it's bottom on the first bottom in WTIC at 26 and change. I have been expecting selling to materialize at the green trendline which is aligning with the 200 DMA on the USD/CAD chart and the CAD Inverse chart.



so it is at 1.3230 in the interbank market and so I like go long the USD here with a stop @ 1.3118

The June globex CME futures are at .7553 ( most active month) and the JUNE CAD contract is a short with a stop at 76..39

futures.tradingcharts.com

John
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