Friday, July 8, 2011

USDCAD



The USDCAD shows a bullish pressure from the 12hours timeframe. We also noticed a good retracement in and will consider a BUY from 0.9602 for a 50pips profit.

We also advice to use half of the intended lotsize and make another BUY if the market retraced by another 50pips for another 50pips take profit.

Good luck
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2 comments:

  1. InMyShellJuly 15, 2011 at 1:16 AM

    Nice call on USDCAD

    ReplyDelete
  2. Crystal ExperieceJuly 15, 2011 at 2:44 AM

    Year but too slow. AUDUSD traded today hit TP on time, I will display the trade in the next post

    ReplyDelete

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