ElieTheForexTraitor

High reward to risk ratio on GBPCAD

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
I took three previous trades on gbpcad and was stopped out all three for a .24 lost. My setup told my to stop trading for the week and to re-evaluate the charts today. Here are my current setups this week as I am currently 30 pips in profits on a gbpcad trade that I broke even on. Let's see what next week holds!!

GBPCAD

Comment:
The picture you see above are my sell limits. I entered a few sell stops that are not displayed on here. I am currently 1% in profit.
Comment:
All of my trades have hit stop loss. My account has suffered a .71 percent drawdown. I entered two sell stops according to my long term strategy that tells me gbp/cad is still in a downtrend via my analysis on the 6month chart.

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