Missed Trade - April 29, 2010

Published on Thursday April 29th, 2010 at 01:44PM by ronacoba

I missed a very good trade on the USDCAD that good have made up for most of my losses this month. As you can see, the pair rose back near the 1.0200 marker which used to be a resistance level but it did not quite get there. I was waiting for it to hit it so I can go short but it only got to 1.0198. I was about to short it but then it quickly reversed and fell. I thought that it would rise again but it continued to fall. I could have made at least 150 pips on this one. Oh well.

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