USOIL/CADUSD: Oil/CAD spread is too wide

I think we have an ideal spot to short both USDCAD and USOIL as a pair trade (or just short $USDCAD with a 3 average true range stop loss). I'd reccomend sizing each leg to risk 1% if price goes against you by 3 times the average true range in the daily chart and holding it for roughly one month, at least.

Good luck,

Ivan Labrie.

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Going well, the pair is up 0.82%, if only in oil you're up 1.22%.

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This is going well:
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