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In my last blog posting I explained the reason behind my decision to cancel my Buy order on the USD/CAD. I am currently in Long Trades with the AUD/JPY and the NZD/JPY and both pairs have a negative correlation to the USD/CAD (which I originaly took a long position with that too). I decided to wait and see if i could create a Short position that was pending a break of the 1.02230 area on the Daily chart.This would help to validate my long position on the AUD/JPY. And I finally got that confirmation.I just placed a trading plan for the USD/CAD short. On Friday, we will see CPI and and Retail Sales reports that are expected be better than previouse reports for Canada. On Thursday, US will release its CPI, Unemployment Claims and and Philly Feb Manufactoring Index data which are all expected to show improvements. Fed Chairman Bernanke Speaks on Saturaday which will also be something i will tune into. right now, itseems like risk appetite has shifted and I'm feeling a bit hungry.