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Strategies & Market Trends : Canadian Dollar
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To: Rob Toor who wrote (25)1/29/1997 4:14:00 PM
From: james paterson   of 103
 
Rob,
I trade through an independent futures broker. I guess it depends on where you live what will be available to you. I believe Midland Walwyn (sp) has a futures dept. You could also use a discount broker if you felt comfortable enough with what you were doing. Freidberg in Toronto is the lagest.
When you buy the C$, you want the US$ to go down against it.
i.e. You buy 1 contract, & the C$ goes from 74 to 75, your profit is $1000.
Good luck.
James (also sunny B.C.)
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