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Monday, March 16, 2009

Mar 16/09 Short USDCAD

Recommended FOREX Trade:
Sell USDCAD with CTGFutures Nested Trading Systems.
USDCAD - CTGFutures Nested Trading Systems

In the upper chart (150 Tick) note the system is in Sell or Short mode. We then trade Sell/Short signals only on the 10 Tick chart below. Note that the 10 Tick went short while the 150 was still in a short position at 1.27350. This traded netted a total of 44 PIPS as the system covered the short on the 10 Tick chart at 1.26910. As long as the 150 Tick remains short we will trade the 10 Tick short signals. This position was forecast in CTGFutures Weekly Trade Plan for March 16, 2009. You can download the PDF File for free.

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