The $ Cad is now at very good levels . As i write its trading at 1.0345. Depending on the exact method of constructing the lower trendline of the wedge, i now estimate support at 1.0325. The stop loss is 1.0270 which is a 75 point stop. Remember i wish to trade this on a 1/3 of my normal size.
I am filled on $ Cad at 1.0345 with stop 1.0270 on a 1/3 of my normal size . The target is 1.0590. These trades normally move or fail quickly .
Fingers crossed.
Good luck in your trading.
Tuesday, January 5, 2010
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