Here's an SSI update. USD/CAD SSI as of this morning was over 5 which is an extreme reading. That means over 80% of USD/CAD retail traders at FXCM are buying USD/CAD. Both momentum strategies are giving bearish USD/CAD signals:
The Trade Details section gives you an overview of the trades being placed by the trading signal. If the signal is green and says Enter Now, it's indicating that the market is still at an optimal level to enter the position. If the Action is red and says Hold, that means don't enter the trade and those already in the trade should still follow the stop/limit parameters outlined by the signal. In this case, both strategies are using trailing stops.
http://img145.imageshack.us/img145/3...cadsignals.jpg
The Trade Details section gives you an overview of the trades being placed by the trading signal. If the signal is green and says Enter Now, it's indicating that the market is still at an optimal level to enter the position. If the Action is red and says Hold, that means don't enter the trade and those already in the trade should still follow the stop/limit parameters outlined by the signal. In this case, both strategies are using trailing stops.