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May 17, 2010 USDCAD Counter Trend Trade

Written by Hugh, on May 17th, 2010

Here is another counter trend 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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May 17, 2010 USDCAD Counter Trend Trade

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