Hey all,
I am interested in hedging the USD/CAD but i’m not sure when the best time to get in is. Essentially i am just +40/-20,-40/+20 (buy/sell with trailing stops) on the pair at 9:20 EST (just before the open).
I want to know if there is a better time/pair that has larger volume at the open - i dont care what way it goes… just as long as it chooses one!
I have also noticed a -40/+20 buy, +40/-20 sell seems to work on the low volume days also. Any other ideas to capitalize on this kind of strat?
thanks!