USOIL/CADUSD: Oil/CAD spread is too wide

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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.
Trade attivo
Nota
Going well, the pair is up 0.82%, if only in oil you're up 1.22%.
Nota
istantanea
keyhiddenlevelspairtradingrgmovtimeatmodeUSDCADCrude Oil WTI

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