FX:USDCAD   U.S. Dollar / Canadian Dollar
1053 31 59
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Comment: We have a break
be careful though as it might be a false breakout
Let's see
Comment: surely not a BO yet
Comment: wait for a retrace to the breakout line before entry
tight stops please
Comment: Once we close the current candle, just place your stop below it .. about BE .. and just watch and relax

good luck
Comment: Once we close, I am 3 pips under this candle. Maybe I'll be generous and do 5
Comment: guys .. for MM in breakout trades, I always start with about 25% of my intended investment size.
Sometimes, I start doubling as we go. So, 25% the 1st break, 50% the second etc
But my stops are always very very tight. I mean very tight
So always handle these trades with low MM risk and high SL vigilance
Comment: Please read this slide carefully

Comment: that was 3.8 pips
I'm still in
Comment: If you are new and find difficulty in understanding my terminology please take some time and go to my page ... press the educational tag ... there you will find valuable material that will get you on boarded real quickly
Comment: Or press this link.. it will take you there

Trade closed: stop reached: out and i'm not trying again due to NFP instability
EIA Report was Bullish for Oil and then Bearish for UsdCad.
+1 Reply
+2 Reply
I've lost the bolt.
+1 Reply
Ichimoku_Trader MarcielSouza
which bolt?
+1 Reply
MarcielSouza MarcielSouza
+1 Reply
Ichimoku_Trader MarcielSouza
no worries
there are many others
Also, this boat has not sailed yet
+1 Reply
But will it retest the triangle is the question?
+1 Reply
It did
+2 Reply
whats our potential target in this trade?
+1 Reply
non for now
+2 Reply
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