USDCAD Long bounce on trendline with Bullish engulfing
Date Pair Direction Trade Trend Level Signal Entry
2019-10-22 USDCAD Long Counter Trend Side Dynamic Engulfing break
2019-10-22 USDCAD Long Counter Trend Side Dynamic Engulfing break
Kommentera:
Moved stop to BE
Kommentera:
Moved stop to 0.1R.
Kommentera:
Moved stop to 0.8R
Kommentera:
Moved stop to 1.25R.
Trade stängt: Stopp nått:
Stopped out at 1.25R.
Looking back I have set the SL to tight and the trade was closed too early. I could have held until the target. Then again price could also have dropped lower.
Looking at it from a risk to reward perspective:
I would have left 0.5R on the table to make 1.3R extra on the trade. That is a RR worth taking.
Looking at it from a risk to reward perspective:
I would have left 0.5R on the table to make 1.3R extra on the trade. That is a RR worth taking.