Monday, November 28, 2016

Daily Trade - 28 Nov 2016

I'm preparing to go long on the USDCAD with a buy limit order at Friday's low. Price action is quite choppy, but this is good for limit entry orders.

(click to enlarge)

Retail sentiment is 69% bearish, which is good.

If triggered, I anticipate this trade to close within 2-3 days. There's no major news on the horizon for the next 72 hours. 


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