USDCAD Buy Order In
Updated
As stated before (check the related idea) I am now going LONG on USDCAD.
Some things to consider again.
In my opinion, it's a good buy position, although this has not been confirmed, YET. The reason I have taken the trade is because I like risking and checking my ideas. Today has been a good day so far, closing more than 1:6.5RR so this 1R loss IF happens I really don't care.
It's in the game, isn't it?
Long-term trade!
Some things to consider again.
In my opinion, it's a good buy position, although this has not been confirmed, YET. The reason I have taken the trade is because I like risking and checking my ideas. Today has been a good day so far, closing more than 1:6.5RR so this 1R loss IF happens I really don't care.
It's in the game, isn't it?
Long-term trade!
Trade active
BUY @1.35096S/L is 30 pips away
T/P is 60 pips away
The S/L and T/P will be modified according the price movement.
Note
Although price came down during the night ( I'm in Central Europe ) I still have the trade, because we can see it as a retest of that strong 50% area.I will close the trade without hesitation once the 1.347 level is broken firmly.
If price start moving towards my target area I will be holding it as long as I can.
Trade closed manually
I closed the trade manually with 0.7R loss way before the S/L.Yes, price might come back up but right now I need more confirmation to buy that pair.
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