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Seth_DuBois
Dec 22, 2016 5:39 PM

EURCAD (L) 2016.12.22 Long

Euro Fx/Canadian DollarFXCM

Description

High probability short term entry to capture the retest of resistance. Entry is just above 20SMA to confirm bullish trend which is showing on 15min & hourly chart. 1:2 r/r on half position w/ 30 pip stop. If target is reached will look to add 2nd position.

Trade active

2nd position opened at 1.413. Stop loss on 1st position moved to 1.413 to guarantee profit. 2nd position stop has now been moved to break even.

Trade closed: stop reached

All positions closed out at 1.1413 w/ stop being hit.
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