tntsunrise
Long

USDCAD ready to buy again

FX:USDCAD   U.S. Dollar/Canadian Dollar
6224 51 95
USDCAD             ready to buy again
This is also a break out+ pull back trade
as long as USDCAD             is above 1.3020
We could long
Comment: Did not enter as the price action is not good at the zone.
Enter at 1.2910 sl 1.2890
Trade closed: stop reached: CANDA'S GDP is better than expected. Break 1.2900, SL triggered. Exit First
Comment:
snapshot

fake break out.
waiting to buy again when it pull back to 1.2923
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What about $DXY
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nice!
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what is SL ?
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CarlC PRO Awaisquyyom
It means stop loss, -where you get out if the line is crossed when the price goes the way you don't expect.
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Hi Jack. I've been following your educational study on how to trade the pull back on the XAUUSD and the GBPJPY pull back trade you issued 6 days ago. Are we looking at the pull back entry around the 1.30467 and a SL of 1.30280? Sorry I'm still learning. Many thanks.
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SL below 1.30, zone is 1.3028-1.3046
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osymsoru tntsunrise
sl :-(
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Lorry.NZ tntsunrise
I didn't enter also. I had to get some sleep so I missed the entry and update. Thanks Jack.
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thank you dear jack again...and guys trade carefully 6 hour and 40 min later US ADF NFP EMPLOYMENT will published..consider that in your trading plan...GD
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Are you long on this?
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i will watch closely if price hit into the zone
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Streetsurfer tntsunrise
Its just gone below your zone. Next stop 1.2970?
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Great. Thanks for the heads up.
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i would definitly wait for some higher closing candle at least on the 4h timeframe. not simply buy inside the range without any confirmation.
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I will check the price action on the next H4 bar.
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i think we have to buy now sir ? or not now
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sha2labaz sha2labaz
the price now is 1.3043
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is there still hope to go long? i want to...
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Hmm price did go under 1.3020
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i bought it :(( i think i will loss a lot
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double bottom?
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No positive divergences at all on the 60min usdcad chart. Maybe another day of selling is in the near future?
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CaptainKirk Jv200909.
It seems like it may bounce at the 1.28 support
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I think if that is the case , for the GBP/USD" equally we are ready to short for a pull back.....!
Am I right ? Sir, @Jack.
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u mean short gbp?
+1 Reply
Are you a ABCD pattern trader?
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Multiple Strategy Trader. ABCD is one of my favourate
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Same here. No trade entry
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what broker gave you 1.2910 ask price?
...sniper
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my broker is a bank
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hello . i enter in 1.2910 where is TP 1? thank you mister )
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BvdA ManuFx
Pfff, lost 9000.....
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omg. wat is your lot size. dun risk more than 2% in one single trade
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BvdA tntsunrise
I am still in...LOL
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pedroscott tntsunrise
is that 2 % of your trading capital or 2% of your lot size? Mini k you put $1,000.00 at risk so do you hv a stop at twenty pips?....usually get stopped out if I place the stop that close...any thghts?
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tntsunrise TOP pedroscott
your capital. if you have 10k, per trade you can risk 200. 10 pips for 200 USD, per pis is 20 USD, you can trade 2 standard lot.
(RISK AMOUNT / STOP LOSS DISTANCE) /10= lot size
+1 Reply
1.2890 will do
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BvdA tntsunrise
I am just learning....
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BvdA tntsunrise
Yes.....i will follow...(; with extra buy!
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Equal PRO tntsunrise
I don like that PA at this level as well as at 1.2910
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trade closed
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trade closed stop reached. what next enter again?
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do not enter trade before NFP. let's see the price action after that.
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tkarthi1 tntsunrise
thank you will wait for your plan
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tHANKS
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waiting but where can i put stop lost ?
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Pinbar on Daily.
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pull back would be nice:/
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yeah. keep going up.
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