FX:USDCAD   U.S. Dollar/Canadian Dollar
As i described in the linked post, I'm looking for long opportunities on USDCAD             . Right now, price is forming a tight Ascending Triangle . These Price Patterns typically breakout to the upside. IF, we get a break & close out of the triangle I will get long on this pair.

I will use a trail stop for Target #2's

Very well done. I'm not the breakout trader you are, but I like them when i have structure protection like in this example. Great share Kenny!
+1 Reply
PateSkpate Akil_Stokes
Thanks Akil.. Unfortunately, it didn't play out as expected.. But when do they play out as expected when you post a trade?? haha!!
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Every one of your trading ideas should work out Kenny. I can see by this single post that you aren't a real trader and I blew my account by blindly following this idea! lol
+1 Reply
PateSkpate Akil_Stokes
Hahaha! That's ok because I just blew my entire too on this one single trade :)

Just finished my top down analysis tonight.. Absolutely nothing on the radar as far as TCT's and & Breakouts.. Maybe it has something to do with Carney & Draghi both speaking tomorrow morning. Hopefully there will be some good setups for us later this week. See ya tomorrow morning in the Live Room!
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