GBP/USD and USD/CAD Trade Results

USDCAD Weekly Trade As Posted

Long Anywhere or 1.3104 and 1.3100 to #target 1.3341

Lows 1.3098, Highs 1.3259

Trade Runs +161 pips

The GBPUSD trade posted Sunday resulted in +328 pips. The downside target at 1.2896 traded to 1.2863 for an extra 33 pips. The reversal trade long from 1.2896 actually began at 1.2863. Note 1.2863 is 3 pips above out posted short point at 1.2860. Point at 1,2860 held and allowed the long trade to target 1.2954. Again, the long traded to 1.2978 and an extra 24 pips of gains.

Overall, 33 extra pips on shorts and 24 extra pips on longs.

GBP/USD

Short Anywhere or 1.3049 and 1.3064 to target 1.2892.

Highs 1.3079, lows 1.2863.

Trade ran + 216 Pips.

2nd Leg

long 1.2892 to target 1.2954.

Lows 1.2863, Highs 1.2978.

Trade ran + 115 Pips 2 trades, 3 days +328 Pips.

Total GBP/USD + USD/CAD +489 pips

Brian Twomey