Try to focus on longer term trade ideas rather than short term day trades. This will make you less exposed to any day to day shifts in sentiment.
Forex Knowledge Base
As an oil-dependent economy, Canada is very exposed to big fluctuations in Oil prices, but going into some of the details will help you understand why the impact is bigger than most traders realise.
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Equities are generally considered a higher risk investment asset. Price movements are a clear indication of fear or greed in the market. Equity prices in isolation do not give a fully accurate picture of risk tone and should be used with other assets.
Knowing the time of the fix is important, but knowing what type of volatility you can expect and how to protect your trades from it is even more important.
The strongest cross-asset correlation between equities and currencies has to deal with risk sentiment, getting to know risk sentiment can open up plenty of trading opportunities on a regular basis.
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