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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.




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  4. April 22, 2010 USDCAD Counter Trend Trade
  5. May 6, 2010 – GBPCHF Counter Trend Trade

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