EverythingForex

CLOSED TRADE: USDCAD BUY@1.32800 Looking for wave 5 -34

FX:USDCAD   U.S. Dollar / Canadian Dollar
Got stopped out on this trade for a loss of -34 pips. USD crosses are still correcting in the short term. Again, wave 4's are notoriously difficult to trade. I got caught. Simple. But it's a controlled and calculated loss. But each small loss leads to more clarity. Not confusion. And definitely not allow frustration to play any part.

As long as you take that loss and learn something from it to apply towards the next trade, it's an investment. Not a loss.

SPECIAL Report on the S&P 500. Read it here. It's FREE: bit.ly/2KGJ409spx818
Mailing list: bit.ly/2iNieEY
Facebook Group: www.facebook.com/efxselect
Twitter: @andrewefxselect
Website: www.efxselect.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.