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ChinaHelloWorld
Nov 27, 2017 5:05 AM

USDCAD either direction would be possible. 

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD, for north, there would be a Cypher pattern C point now. For south, it could go to down trend bottom line. Either way would be possible. Try to place stop entry order for two direction. Since it is going to complete a triangle pattern.

Comment

Short order step out. Lose 31.1 point.

Comment

Long order opened. move stop to open price.

Comment

Move stop to 1.27450.

Comment

Move stop to 1.2790

Comment

Move stop to 1.2826

Trade closed manually

Comment

1.28628 - 1.27275 = 135.3 - 31.1 = 104 points profit.
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