Morning all from deepest darkest Dartmoor. Most of you are aware I closed the remaining half position on the USDCAD trade yesterday evening @ 0.9766 as it looked as though the US stock market had begun to reverse it's fall. I posted emails and texts.

To those of you who didn't get the signal I suggest you must treat this venture as a business. That doesn't mean you need to be wed to a PC all day. I am certainly not. But it does mean you must be contactable for alerts, just in case. It might be that the USDCAD goes on to make more and so you are better off leaving things but certainly there have been one or two occasions in the past two weeks where failure to close on an interim alert was expensive. Things can happen. Most Rainbow Road followers receive SMS texts to mobile which enables them to react if need be. Others set their spread betting software up to send them an email when certain levels are reached. There are ways you can be alerted without it affecting your life. Just let me know if you wish to receive texts and email me your mobile number. There is no charge for this.

Anyway, always good to get pips in the bag.

Today's economics in a busy day: 8:15am Swiss Retail sales, 9:30am GBP CPI (inflation), 10am German ZEW Economic sentiment, 2pm US TIC net long-term transactions, 2pm CAD INTEREST RATE STATEMENT, 2:15pm US industrial production.