Hoping to breakout before the end of the month...

FX:USDCAD   U.S. Dollar / Canadian Dollar
864 15 44
Note: If the breakout is delayed until after the end of June, we might have to reconsider the trading strategy
Comment: We opened at the top of the triangle so I am taking a small position with the stop above the last high. If you decide to join, please don't go crazy. Use a small lot size
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Thank you
Trade closed: stop reached
Comment: If we get a close above the triangle today, we'll consider entering long on the break of the triangle
I'll let you know
Are you going to long now ?
stop?????? target
Ichimoku_Trader MarcielSouza
We took this up
This trade was inside the triangle
Next we'll consider the breakout
MarcielSouza Ichimoku_Trader
i am made in on the gap and took out on the target, 70 pips
Ichimoku_Trader MarcielSouza
Whats a good stop above the highs considering this is a daily trade, im not sure the pip range i should be looking for
Well, got stopped out
but your stop should have been above yesterday's candle
rist Ichimoku_Trader
how much higher is good tho?
rist rist
sorry I am just used to trading smaller time frames, not sure how much breathing room to give on daily s/r, like when I scalp I usually take a swing high, and say round to the nearest 5 pips above it looking for good round numbers if i can
about 10 - 20 pips max
+1 Reply
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