Equity:89.33 - Singapore under haze

Hi guys, today Singapore is under haze attack from our friendly southern neighbor again, Indonesia. Our ministers have already signed many treaties to ask them to stop this illegal burning, but I guess their leaders also have a hard time implementing it to the rural assholes who started it.

The farmers wanted to clear the trees for plantation. And fire is easiest way to clear it. It is fertile for the soil too. But bloody hell, when the farmers switch on their TV, they must be laughing that Singapore and Malaysia are both engulfed in the thick smoke for the great work they have done.

The jungles of Indonesia also have an endangered species which I know of, the Orang Utan. I hope their environment is not affected.

Photo is not by me. Please give me warning to take it down first before you sue me

Back to Forex, I bought USD to rise against CAD. This trade falls under one of my 2 criteria, the Reversal. Below are other things to take note about the trade.

• The Profit Limit is placed 3 times more then the Stop Loss
• The smaller the Stop Loss allowance, the more achievable the (3x) Profit Limit
• The hourly candlestick trend crossed the 50 Period SMA (blue line)
• This reversal is placed at a decent timing, after a red candlestick, and then bouncing up again
• The stochastic (below candlestick graph) is pointing upwards and not in the overbought region
• The trade, if lost, is around 5% of what I have in the beginning of the month (SGD 100).

And also note that, contrary to my previous post, I will be using Hourly instead of 5 min Candlestick chart. This is solely because for 5 mins candlesticks, whenever I placed a trade, a large amount of it will be eaten up by the commission the platform charges.

Hope the trade goes as planned. Tomorrow I will be catching Man of steel. Heard from my friend that it is awesome, and some said it can even be compared to Dark Knight. Omg. Looking forward to it, and I hope you guys enjoy it too!