tommyjose92
Short

TRADE OF THE DAY 16-02-2016

FX:USDCAD   U.S. Dollar / Canadian Dollar
AFTER THE PRICE FINISHED THE LAST DAY WITH A BEARISH CLOSE, I FOUND ATTRACTIVE TO SELL THE CAD INSIDE THIS BEARISH CHANNEL ,WHEN THE PRICE HIT THE TOP OF THE CHANNEL FOR THE THIRD TIME I DECIDED TO SELL, THE PRICE WENT LOW AS EXPECTED BUT AFTER REACHING THE 0.50 FIB LEVEL OF THE SHORTER UP MOVE, I MOVED MY STOPS TO B.E. AND THEY WERE HIT AFTER THE PRICE WET UP ON THE US OPENING.

COMMISIONS:($-1.80-$1.80)=$-3.60
PROFIT/LOSS:($6.09) =$6.09
RESULTS: =$2.49

GOD BLESS YOU ALL.
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