A short position, for USD/CAD on 29th Dec 2009:
Pair: USD/CAD
Trade: Short
Stock/Commodity Markets: Dow Futures Bullish and with Crude Oil breaking above the 80 level. USD Index has also fallen back to below the 23.6% Fib Level indicating USD bearishness.
Major trend: Short
Secondary trend: Short
Entry Price: 1.0356
Stop Loss: 1.0956
Target Profit: 0.9776 Targeting 600 pips
Initial RRR: 1:2
Adjusted Target Profit:
Exit Time:
Exit Price:
Profit:
Reason for Exit:
Actual RRR:
Initial Expiry Date: 29th Jan 2010
Potential Profit: US$200
Potential Loss: US$100
May the pips be with me!
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