Posted by: joetradingplace | April 20, 2015

Short usdcad

Remember the two pairs from last week that broke out of the range, I said i was waiting for a pullback to take a trade. I have taken a short on usdcad, but still waiting for cadjpy to trade above 97.50. First target on usdcad is placed just above the recent lows…since i am trading a breakout trade, if i don’t see a quick move down, i might close the trade.

Screen Shot 2015-04-20 at 09.39.06

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