FX:AUDCAD Australian Dollar/Canadian Dollar
Here on the AUDCAD it looks like we got some short term relief, from the heavy trend we have been in for a while. Down at we got a formation forming up to catch a relief if we get it, so we only go for 1 target. PRZ is at 0,94820
Comment: Trade Invalid - Orders removed. We have had quite a lot of setups come within a few pips at our PRZ and then reverse to target. I have recieved quite a few messages about front running orders. And i will repeat it here again - It´s a very bad habit to get into. Moves happening without triggering a buy order is just part of the game - Part of a tradeplan. If you front run your orders, and those orders suddenly don´t get hit for a while, then people front run more and more until your Risk / Reward is so bad that you will suffer a bad drawdown when it hits you. So keep these trades as a setup that did not trigger. And stop calculating how much you would have made! It´s an important lesson.