Technician
Long

(J) Trade 27: Going with the flow #USDCAD #FOREX

FX:USDCAD   U.S. Dollar/Canadian Dollar
3967 13 85
Trade 26: Long USDCAD             @ 1.3185
Trade Status: Active
S.L 1.3115
T1: 13282
T2: 1.3367

Balance = $29,264 Position size = 1.2 lot ~ 2.5% risk of capital
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Reasoning
  • Obviously the trend is up
  • Resistance Breakout and retest
  • Oil under pressure

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Technician
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Just a thought... it would be cool if you can post a monthly summary of wins:loss count.
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#NiceWork #MuchSucess #StayPip'in
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Well, i would do so, but it wouldn't be reflective of my trade performance cause its not all the trades that i take i have the time and opportunity to post on tradingview.
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Update 1: Moved stop loss to break-even
+1 Reply
Hi, Technician! Of all trading listed on trading view, I wait for your trades with the most excitement. Recently, you've posted many less trades. Could you share with us more of your 'newly active' trades please.

'Newly Active;' Trades implying not trades that are pending, nor trades that have gone long into the trade. Thank you for your work!
i hope to see you more ;)
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I try as much as i can, but when i take a trade its not always that i have the opportunity to directly post it here, so sometimes there is some lag . Therefore, i use a lot of pending trades so everyone can have a chance to see it before its triggered.
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Update 1: First target hit, stop loss at breakeven.
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Nice one Technician... Correct me if im wrong, but does your first target, at the 1.272 fib give us the D leg of a Butterfly pattern?
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hounds hounds
sorry i meant D completion of the butterfly
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Hey buddy, thanks for your question. Yes it could be.
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Great work mate, keep it up :)
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Update 2: Stopped out at break-even for the second half
Profit= $576 + 0
New Balance= $29,840
+2 Reply
why oil under pressure USDCAD will goes up?
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