May 17, 2010 USDCAD Counter Trend Trade

Here is another counter trend trade:

USDCAD Trade

Click above to enlarge

This trade was pretty standard.  Price hit the R3 of the previous day.  Therefore, I targeted the Daily Pivot on the same day.  I stacked 10 trades like usual.

The outcome was a +2.2% gain on the account.




If you enjoyed this article, you might also like:

  1. April 28, 2010 USDCAD Counter Trend Trade
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  3. April 29, 2010 USDCAD Counter Trend Trade
  4. May 6, 2010 – GBPCHF Counter Trend Trade
  5. April 22, 2010 USDCAD Counter Trend Trade

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