Oil/Cad: Gigantic spread spotted

מעודכן
I think it might be a good time to trade this pair, short oil, long cad. You can size each leg based on volatility, to risk 1% per side, if price moves against you by 3 times the average true range value of each instrument. Once the spread closes or is close to closing you can get out of both trades.

Good luck,

Ivan Labrie.
הערה
תמונת-בזק
הערה
Acting well, CAD outperforming oil.
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הערה
Exit CAD longs, hold oil short.

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העסקה בוטלה באופן ידני
Oil didn't top yet, and it's unclear how it'll evolve from here, better be flat.
עסקה פעילה
I reshorted oil after it turned down today.
הערה
The spread will probably close, but I think it means oil will drop faster than CAD for a while.
הערה
תמונת-בזק
CADUSDCrude OilOiloilcadpairtradingtimeatmodeUSDCADCrude Oil WTI

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