Tuesday 13 December 2011

USD/CAD T12/12/11 Trade Review

USD/CAD Hourly

USD/CAD 15 min

Buy at 1.0185, Add position at 1,0210.
Closed half at 1.0228 for 43 pips and 18 pips profit
Closed the remaining near resistance at 1.0258 for 73 pips and 48 pips profit

Then I traded the reversal
USD/CAD 15 min

Bearish divergent bar, Buy at 1.0258, Targeted at 61.8 fibo but it rejected at 50 fibo, so I just closed half of my position at the rebound at 1.0244 for 14 pips profit and closed the remaining at buying point for a break even, 0 pips..

Now there's a divergence, I'm waiting for sell signal...

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