Wednesday, March 30, 2011

EURUSD - Short


As long as the recent high holds, I am short on the euro.

Stoploss: 1.4130
Target: 1.4000

USDCAD - Bullish Support Coming?



Bullish support is likely to come through at the 0.887 Fib level, with a strong chance of pushing up to the 0.618. I am putting in a buy limit order just above 0.887.

Buy Limit: 0.9705
Stoploss: -35 Pips
Profit: +60 Pips

Move SL to breakeven after 25 pips.

TRADE OF THE DAY - March 30, 2011

Part 1 of my analysis for March 30, 2011 Trade of the Day has been posted!