Forex Trade Idea - 12/20/05

I'm looking at a trade on USDCAD:

I have first or second entry on the chart because I have decided at the moment which one i'm going to enter first. Most likely the 38% fib line. So i have put an order in to buy at 1.1657. Stop at 1.1623. Target at 1.1700. USDCAD is in a minor uptrend and I don't want to trade against it.

I also have an order in for Cable to buy at 1.7650. Right above pivot point. I know I have drawn a downward channel, but this trade is based on the wma cross. Stop at 1.7620. Target between 1.7680 - 1.7700