Wednesday, December 2, 2009

USD/CAD 1.0535 on the watch list...

Watching USD/CAD for a short at 1.0535

Trend (with lower lows), S&R + 38% fib and a sort of inverted H&S formation...kind of :)

GU Longs, EU Shorts

GU longs closed at +5.

EU shorted on TL break, first position at 1.5053 and second position (x2 the first position's size) at 1.5063. Stops at 1.5083, TP 1.5010

Closed first position at +20 and second at +30.

Screenshot below shows what I was looking at when first entering...

Photobucket