FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
4
I'm trying out a simple price action reversal strategy known as the "pin-bar" strategy. USDCAD rejected Daily support and closed a few pips above it. I set a buy limit order at a 50% retracement level with a stop loss 10 pips below today's low. Fundamental news are coming out tomorrow for the BoC so i don't think i'll hold this trade for too long. If anything i'll use trailing stops to secure my profits.

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