ElieTheForexTraitor

High Reward, low risk GBPCAD

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
I am sincerly sorry for not posting the past few weeks. I have been working on my trading setup day in and out which is why you havent heard much from me. With that said, I have placed sell limt trades on my oanda live account as my system indicates that GBPCAD is in a downtrend that is experiencing a pullback. GBPCAD
Comment:
I got stopped out for a .08 cent lost. I am entering a second time.
Comment:
I got stopped out a second time for a total loss of .16 cents. Im risking this little because of my small account size. With that said, price did go 80-100 pips in my favor after I placed my sell stop but taking profit at that time was not apart of my trading plan. Price is now bullish.
Comment:
I have placed my last sell stop order. I f this one gets stopped out, I will lose a total of .24 cents
Comment:
My last sell stop was stopped out about a week ago. But I still feel GBPCAD is bearish.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.