Same - Entered a short position about 15 mins ago @ 1.4100 on the break & test of the 55EMA. The 5, 21 EMA's & 8 SMA have all just crossed under the 55 indicating this move has strong potential. We'll see Good Luck
Update of stop as we seem to be losing momentum. See attached. You will also a yellow entry zone which hopefully makes it a little easier to see my entry. To further confirm a short position / reject of these highs I use stochastics on a smaller ...
Ok here goes: Trade 1) NEWS TRADE (USD/CAD) As you are all aware we had core retail sales for Canada out today, i used this news event to plan this trade. Trade Plan: Using a 5min chart - wait for the 1st 5min candle to forum before formulating a ...