USDCAD punch signal

TRACKING

4 February 2013 9:24 GMT. SELL opened at 0.9963.

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USDCAD last day candle closed in the shadow of the previous day candle.

Put six pending orders. Three BUY orders and three SELL orders.

BUY orders

Entry price: 1.0005

1st order

Take profit: after 5 completed trading days
Stop loss: 0.9963
If Stop loss order fires then automatically put the same Sell order with the same Take profit

2nd part

Take profit: 5 days trailing stop
Stop loss: 0.9963
No need to put the same Sell order

3rd part

Take profit: 1.0133 (423.6 Fibo level)
Stop loss: 0.9963
If Stop loss order fires then automatically put the same Sell order with Take profit at 0.9835 (another 423.6 Fibo level)

SELL order

Entry price: 0.9963

1st part

Take profit: after 5 completed trading days
Stop loss: 1.0005
If Stop loss order fires then automatically put the same Buy order with the same Take profit

2nd part

Take profit: 5 days trailing stop
Stop loss: 1.0005
No need to put the same Buy order

3rd part

Take profit: 0.9835 (423.6 Fibo level)
Stop loss: 1.0005
If Stop loss order fires then automatically put the same Buy order with Take profit at 1.0133 (another 423.6 Fibo level)