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  • Smack the Markets

Trade of the Year 2021 - USDCAD

Our best Forex trade in 2021 was USDCAD which set up on 9th December.

We were looking for the Caddy to advance higher to the 1.28000 level as seen on the daily and 4 hour macro charts.

As the lower time frames started to develop long trend structures after a breakout, we got positioned long after a retracement on the 15 minute time frame.

Price eventually moved higher reaching our 11th and final target (T11) on 12th December where we exited the trade.


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