USDCAD- From a technical point of view
USDCAD has been on an uptrend for the past 30+ days, and I'm a huge believer in trends so on a daily basis I have been entering longs and will do so until price is showing clear obvious signs that it has changed, of course the trend direction is only half of the problem so finding a good entry is crucial and my thinking behind this is both logical and quantifiable, logically I know the only way to make profit is to buy low and sell high. and in terms of quantifying I use technical analysis to read the price and identify the lows/highs so I can enter. as long as you believe that buying low and saying high while following the trend must not be violated then you should be fine most of the time
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