FX:EURCAD   Euro Fx/Canadian Dollar
106 1 4
Good morning traders,

EURCAD             rejected a bullish continuation at 1.49 area, and I favour for a correction to test uptrend channel around 1.46 . I´m short at 1.475 with SL above 1.481 on a daily close

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Good luck , Josep
http://www.realisto.net
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UPDATE : Trade was stopped out. However price action still rejects 1.49 zone . I will wait today´s close for a new attempt
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