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in Closed Trades - 30 Apr, 2012
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To the end of April

GBPUSD 25th April

Added to our existing short on GBPUSD at 1.6260 We closed 1/2 of trade at 1.6232 for + 28 pips and the second half is still running into May .

USDCAD 25th April

Long trade taken on USDCAD using a bullish shark on 4 hour chart . We gave this one a bit of time to develop .The way to play the shark pattern is to trade it to the 50% fibo level of the last leg down (BC) this in the case of a shark pattern gives you the D point. This was up around 0.9890 which we did hit and then had a small pull back so I closed out the trade for +64 pips total.

GBPUSD and USDCAD

GBPUSD and USDCAD

GBPUSD 20 th April

Opened short at 1.6118 and held over the weekend . Monday was pretty quiet and the pair moved in a pretty tight range so we closed out the first 1/2 of the trade at around +23 pips and moved the stop down to break even. Trade was everntually stopped at this point for +25 pips for the whole trade.

GBPUSD