USDCAD PROFIT 11.07.2016

USDCAD PROFIT 11.07.2016
11th July 2016 contacttf
Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

All currencies on my watchlist were setting up. I took the USDCAD based on the judgment I made looking at the 1 hour chart.

The trade was triggered shortly after.

Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

I almost got stopped out [11.20pm], as RSI nearly went through Blue.

RSI is an extremely popular momentum indicator that has been featured in a number of articles, interviews and books over the years.

My trade breakdown:
USDCAD CLOSED PROFIT. 1.30906 > 1.30813 + [0.00093] #trade #trading #follow #tradealert #freetradesignal

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