Thursday, August 29, 2013

USD / CAD UPDATE: THURSDAY 29/08/2013. 14:13HRS

USD / CAD:

Price has retraced back to the the first order.

I am long from 1.0495 with 0.5% exposure to the market.

The second order was missed by 1 pip and I have removed it.

Price has made a new high allowing me to move the stop loss to break even, eliminating the risk on the position.

Chart below:

 
I will update again later this evening.
 
 

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