TradingView
UnknownUnicorn216436
Apr 7, 2019 4:17 PM

EURCAD SHORT Short

Euro Fx/Canadian DollarFXCM

Description

This pair hit a huge resistance zone last week and rejected my EMA on the daily chart.

A move to the downside is now expected.

Trade safe and good luck!

Comment

I’ve now moved my SL to EP. A risk free trade now :)

Trade closed manually

+ 50 PIPS.
Comments
Captain_Walker
Now in the kill zone! No luck required. Only estimate probability and limit loss.
Captain_Walker
Based on an alternative analysis on 6H time frame, I see probabilities greater for the south on lower time frames.
UnknownUnicorn216436
@Captain_Walker, yes captain! You the man :)
Captain_Walker
@masumhussain, I'm so happy you shared this position with the community. I've got two positions sizes short on this, both in positive equity. Importantly - we used different methodologies to assess probability but the outcome is good so far. More traders should work together and share different perspectives on the same setups. I think that helps.

But EURCAD is a violent pair, so expect surprises. The important thing with this setup is not to lose. Even a minimal gain is better than a loss of any kind. :)
Captain_Walker
Defected! LOL! May pay for this but dare to be a tiny bit wrong.

Captain_Walker
I changed my mind. I may be wrong but I'm seeing something else. Bailed out with profits.
UnknownUnicorn772665
Unlucky trade
UnknownUnicorn216436
@Charlieab94, still in play :)
More