If you’d like to find out more about this order and many others, check out my personal trading blog. I’m seeing weakness on USD and strength on CAD on a number of currencies. Moreover, USDCAD pulled back to the 50 SMA, and is at a 50% retracement from a swing high to low. Price is clearly in a downtrend. With all these factors, I decided to short at 0935 with my stop at 0975. My target profit is 0703, so I’m looking to gain 232 pips while risking 40 — thus giving this trade a reward/risk of over 5.75.