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How to trade USD/CAD using OTC data

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@yokoyi - 1 month ago - Forex Trading Strategies

Hi guys, this is my second thread on USDCAD but on this one I will share how I trade USDCAD using options expiry data.

Rules:

1 Please feel free to contribute

2 Backup whatever you say with evidence such as screenshots

3 Be ready to accept constructive criticism

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@yokoyi - 1 month ago

Our USD/CAD OTC data shows large option expiries sitting between 650 and 660 so I will look for a good short entry.

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@yokoyi - 1 month ago

I have gone short with profit target at 1.1650

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@emma_durban - 1 month ago
Quoted - yokoyi

I have gone short with profit target at 1.1650

subscribed!

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@godswillfx - 1 month ago
Quoted - yokoyi

I have gone short with profit target at 1.1650

I'm expecting overall short on this pair too

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@george_kramer - 1 month ago
Quoted - godswillfx

I'm expecting overall short on this pair too

Same here

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@godswillfx - 1 month ago
Quoted - george_kramer

Same here

What strategy do you trade

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@yokoyi - 1 month ago
Quoted - yokoyi

I have gone short with profit target at 1.1650

Trade is still in profit

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@yokoyi - 1 month ago

TP smashed

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@godswillfx - 1 month ago
Quoted - yokoyi

TP smashed

👍

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@yokoyi - 1 month ago

Our data shows usdcad expiries at 1.3710 so I am shorting the breakout/rvsl of the Asian range

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@yokoyi - 1 month ago
Quoted - yokoyi

Our data shows usdcad expiries at 1.3710 so I am shorting the breakout/rvsl of the Asian range

SL blown

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