Short again USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Apr 11, 2015 11:51 AM

Lower high for USDCAD , with a pin bar sell signal . I will enter a new short with stop above 1.2680

Also, I previously posted a bullish outlook for Gold, which indicates an inminent correction for the USD.

Caution required because there´s a crowded one-side view of the US dollar vs many pairs.

USD (US Dollar)

Comments

Realisto_FX

⋅ Apr 16, 2015 3:37 PM

UPDATE : Closed 75 % of the position . Leave small position for residual profits

Realisto_FX

⋅ Apr 16, 2015 1:57 PM

UPDATE : Move stop to 1.245 to lock in additional 100 pips profit

Realisto_FX

⋅ Apr 15, 2015 4:11 PM

UPDATE : Trend is accelerating down, if you are not in the trade you can join with small position and increase on retracements. Wait till breakout and daily close below the range zone

Realisto_FX

⋅ Apr 15, 2015 5:03 AM

UPDATE : Move stop to 1.255 to lock in profits