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TheHdollar
Apr 17, 2015 12:45 PM

#3 - LONG USD/CAD Long

U.S. Dollar/Canadian DollarFXCM

Description

FXTrade #3

LONG USDCAD (again!)
Duration:0-2days


H Dollar Value:1.95

After taking ~25pips just now on the short term charts, i actually like a longer term position. i expect the long usd/cad would prove pretty good in the 15mins. However, do expect a longer duration and max drawdown proportional to the duration size. In finance we usually use Square root(5/15) as a proportionate approximation.
Comments
TheHdollar
X'mas came early, so its time to TP again

#3 End of Trade
TP:+91 pips
Maxdraw down: -14pips
Max win:trade profit
New H Dollar Value:2.86
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