smak1200
Short

Trend SHORT. Ranging long-term channel.

OANDA:CADCHF   CAD/CHF
Broke below midpoint of long-term channel on wkly chart. Strong 30-day downtrend. 2:1 RR. TP on half of lot and move SL to break even at .7375.
Trade active: Still within parameters - moved stop to positive territory
Trade active: Still within parameters - SL placed in positive territory at .74794
Trade active: Within parameters - adjusted SL to .745 because structure supports this tighter placement
Comment: Open into wkend
Trade active: Within parameters - L1 profit taken / L2 SL moved into profit at 0.75 / no changes
Comment: **correction: L2 SL at 0.745
Trade active: Within parameters - let run / current analysis further supported by position within a down trend channel last 30 days / SL still properly placed
Trade active: Within parameters - no change
Trade active: No change
Trade closed manually: Closed manually in profit due to a strong down move and trade has been open 2wks - bad close, still well within parameters / Don't close a trade mid-day or while within parameters
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