OANDA:USDCAD   U.S. Dollar / Canadian Dollar
well, I'm glad I got back in Ucad at the bottom of retracement. I added a little, but small. This was kind of a ballsy call on my part, but I personally found it to be brilliant for risk to reward purposes, But I am looking to hold it for a long time. But that green zone is the area I want to see it break...If it comes back down breaks the low I am stopped out. Is that possible?... Absolutely, this is the forex market. You can always take profit for scalps. But the purpose of this trade for me was taking a shot at an entry to hold long term. If you wait, at some point it will correct and confirm if it is going up, if it really is going to. And if my analysis hasn't made anyone any money this week the sky ain't blue. Straight annihilating it. But you gotta understand structure and price action to help you confirm entries.
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