Short Term Trade of the Day

Here is a short term trading opportunity that may present itself this morning on USDCAD.

Look to set Longs on a push down through the 1415 Transition Level.

Target is River at 1488

Risk should be below the 1379 demand level.

http://www.theviewdownriver.com/stor...T4-11-2007.PNG

Here is another possible short term idea for today in the AUDUSD.
Look first to set shorts near 8261. Target is River at 8196.
If the recent swing highs above 8261 are overcome, you can stop and reverse the position and target 8329.
Cover completely at 8329 as a move down is coming.

http://www.theviewdownriver.com/stor...4-11-2007a.PNG

thanks for giving this hint.