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Koutta
Jan 23, 2018 4:19 PM

AUDCAD Price Action Long Long

Australian Dollar/Canadian DollarFXCM

Description

*Personal Journal Only*
Just got Long on AUDCAD on 1h chart with price action.
Reasons: Bullish trend, with a pullback, buyers start to come, and then a slowdown on the test on 15m chart.
Entry @0.99461
Stop @0.99125
Profit @0.99939
Potential R:R: 1.42

Comment

Going to sleep. Will see how it goes tomorrow.

Comment

We are getting big Seller pressure, will try to reduce risk ASAP.

Comment

Moved stops to 0.99244 (1 ATR below low) to reduce risk.

Comment

Trade lasting more than expected, going to suffer wednesday Swap.

Trade closed: stop reached

Took a small hit of 0.64 R.
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