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WRsp

Trade idea for FOMC

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
WRsp Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Fundamental Analysis USDCAD usdcadlong
6
0
fundamental usdcad usdcadlong
I expect FED will say about the taper process so we will buy dollar (Buy USDxxx or Short xxxUSD)

Buy Zone: 1.24143 - 1.23968, 1.23753 - 1.23464
Target Zone: 1.25532 - 1.25480

Expected range for Swing Trading @ Annual Volatility 3.52%
1.24455 - 1.23704
Trade active:
My entry 1.24123
SL 1.24035
Comment:
You can set TP @ 1.24465 (Top Range of Expected rang for Swing Trading) so you can get 5R for this trade
Trade closed: stop reached:
-1%
Comment:
Missed 2nd entry by 1.4pips 🙄
Comment:
If you don't miss 2nd entry you can close with 3.5%.

Have a nice weekend!
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