Usd/cad

Thank you very much the elaborate explanation apex.

and good trading to you.

Quote from late apex:

No, still basically the same return on capital at risk, between forex and futures, adjusted for specific leverage and margin.

At a 50:1 forex dealer such as the one here, 400,000 USD/CAD uses up $8,000 of margin. That's all you need to have in your account, to be able to put on that position.

At a 100:1 forex dealer, 400,000 USD/CAD uses up $4,000 of margin.

If your futures broker requires $1,250 margin per 6C contract valued at CAD 100,000, or $88,472 @1.1303 (at trade inception... obviously, less now @1.15+), that works out to about 71:1 max allowed leverage (again, less now). That is, in between those 2 forex examples.

Thanks to those specific details, i.e., real-world leverage / margin differences, you'll get somewhat different ROI. Same calculation mechanics, though.
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From my perspective, don't see any indications yet that this retracement is over. I wouldn't be surprised to see at least a re-test of the swing high at 1.1614. (current 1.1570)
 
Well, my small short position at .1580 is secured as a profit. If it breaks that, I will stay out. My short position is up close to 15 pips.

:)...I agree, we should see it move higher, but I just wanted to play the small retraction.

-Kastro
 
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