Tradingthechannel

Trade Update - Short USD/CAD 4 HR

Tradingthechannel Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hi

My original post was removed since I broke the house rules, please find the original post below:

We have a new short order on the USD/CAD -0.18% . Our entry is sitting at 1.3084 with our first profit target at 1.3030. We are very close to the release of the US Job report so trade with care! Trailing stop is 120 points. We will only close part of the trade at our first target and then continue to ride the trend down to maximize our profit.

Sep 12
Trade active: After a very long time our order has been triggered.
Sep 12
Comment: Our first profit target has been reached, close part of your trade.

Our next profit area is around 1.2935-1.2905 which is a previous resistance area. We will again close a part of this trade in this area
Trade closed: stop reached

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.