Forex & Equity Breakout Trading

Forex & Equity Breakout & Trend Trading Off The Daily Charts. Both systematic and discretionary trades taken and discussed.

Long SLXP On Breakout

Got long SLXP (Salix Pharmaceuticals) on a breakout.  Big volume breakout on March 13, stock has performed nicely since moving above the 51 level.  Starting off with 1/2 position, will add if  the stock moves in my favor and market conditions remain favorable.

BTW, I still remain short the USDCAD…

Trade well!

Jon