Oil/Cad: Gigantic spread spotted

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:

הערה:

Acting well, CAD outperforming oil.

הערה:

הערה:

Exit CAD longs, hold oil short.

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: