For those that may not know I was was a reader of ForexLive long before I got the opportunity to join the team. The reason I went looking for such a site was for views and analysis such as which Adam has just put up on USD/CAD. Now this may seem biased now that I work here, but it was this sort of analysis that set ForexLive apart from other sources on the web. It’s honest, concise and it’s not selling anything nor having to fill a quota or fit an agenda. His view may be right or it may be wrong but I would put my faith in it more than anything else I read from the big institutions. As much as I work here I’m still grateful to be able to read what he has to offer.
Now, away from the soppiness, I was toying with jumping into USD/CAD shorts after seeing it pop through 1.1 but Adam has made my mind up for me so I’m orders in. I’m looking at the big number to get a better level than here but I may dip my toe in the water if the dollar weakness looks like continuing, just so I’m in the game. I think he’s spot on as to what will happen tomorrow but at the end of the day it’s helped confirm my own thoughts and I’m the only one responsible for the trade whatever happens. Sure, I’ll pull his plums for a week if he’s wrong but he is Canadian so if he doesn’t know his s**t what hope have the rest of us got ?
Roll on the BOC!
I’m now off to see my team get battered again by Man City. There won’t be no love chucked around here tomorrow if we get another stuffing
