Tuesday, 29 January 2013

201301291335 USDCAD


Market Conditions:
CAD trending down


Entry:
Took long position following the trend at H1 MA50 1.00651
Stop at 1.004


What happened:
Market penetrated through H1 MA100 and continue to drop
Stopped out at 1.001

For future trades:
Pay attention to the current position of the trending channel for D1

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