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jojofang0901
May 7, 2017 11:19 PM

USDCAD SHORT TRADE SETUP  Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

Hi Traders:

USDCAD has finally show some bearish momentum coming in now, as the 1 hr chart has a proper break down of support level. Looking for a lower high to develop to confirm the trend change.

Target 1: 1.3580 (3% Profit)
Target 2: 1.3425 (6.88% Profit)

Thank you for your support and feedback.

Comment

Trade active



Date: 05/08/2017

Time: 13:00 GMT

Trade closed manually

Close manually at break even price as the consolidation on the 1 hr chart after NY session and Asian session do not look good to me.
Comments
SherrySun
nice ;)
UnknownUnicorn165549
You are very good at active trade management. Thumb up.
jojofang0901
@Sam_Hon, Just like to have good management of trades. I do see sometimes its good to let the trade run, but sometimes its good to make discretionary exit due the price action. Most importantly is that do not get emotion afterwards, whether if the trade goes in my favour or against it.
PaulJonFX
I have the same analysis on this pair. Great job !
jojofang0901
@PaulSiljee, sounds good, thank you :)
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