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Benji
Jun 28, 2016 7:19 PM

USDCAD Long out of Triangle Long

U.S. Dollar/Canadian DollarFXCM

Description

Here is a possibility with the USDCAD pair. After the Brexit fun and games, the Dollar seemed to be a favorite, so this might help the possibility out. The SL is not set yet, I will use Brandt's Last Day Rule with the previous day's low after a candle clears my entry. Will aggressively manage this if the closing bar doesn't not stay above my entry.

Entry: 1.31965
Units: 1000
SL: ??? (1.30465 as preliminary)
TP: 1.39779
5.21:1

Will look to get to breakeven as soon as possible. Will use the 3DTS as well for management.

Trade active

Triggered Open 7/25.

Comment

SL: Moved to Friday's low of 1.3055

Trade closed: stop reached

Comments
mpiccato
Simpler as impossible. I'm in favor of this.
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