moneyI like Victoria. It has a very nice feel, good place to relax. Great hotels, excellent shopping and local attractions combine for fine experience. There is one draw back currently- prices. At current CAD levels Victoria can be very expensive, but who cares when my mental well being is at stake, right? Every now and then I need to get away from computers, phones and everyday places. I think everybody does.
I didn't escape lousy weather, though. Whole region was soaked in rain last weekend, but you don't really worry about it from the interior of fine hotel, having other diversions. I think I jumped the gun a little bit, this weekend is much nicer.
We updated our website, here is the link.
http://www.spectrumforex.com/weeklycomments/10142007.html
Speaking of Canada, time to take a look at CAD. There is low risk scenario in USD-CAD right now for a buy. If there is no large gap at the open either way, it might a good idea to go long at market, looking for about 50 pips gain. What's really attractive here, is the stop-loss level. One can put only 20 pips to risk here.
At any rate, I don't think this down move will last much longer. The low from March 1974 was about .9550. It's unlikely to be taken out. From now on I'm watching hourly USD-CAD trying to buy latest high breakouts. We'll see what happens.
Husar
