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Capitalflowsam
Dec 14, 2020 7:02 PM

USDCAD - 4H and 1H Short Short

U.S. Dollar/Canadian DollarFXCM

Description

Took a short on USDCAD.
SL above the TrendLine, with 3:1 Ratio.
Main reason taking a trade is the massive momentum market has on Daily and 4H.

Will update on any changes.



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Always keep in mind to trade at your own risk and don't risk more than 2%, maximum 3% if you are 100% confident on your position. Risk an amount that losing it would not hurt your main capital.

Trade closed manually

Closing at the breakeven price. No loss
Market didn't find a momentum i was looking for.
I will wait for the restest of the resistance level and re-Enter with Smaller SL.
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