USDCAD - Long setup after finding support in channel

2016년 12월 14일

USDCAD made an impressive move higher today after finding support at the bottom of the channel shown in the chart above. Using yesterday's huge bullish engulfing candle as confirmation this is likely a good entry point for a long position.

2016년 12월 14일

액티브 트레이드

Position opened at 1.32884

2016년 12월 15일

노트

SL move to BE plus a couple pips to cover costs

2016년 12월 22일

노트

SL adjustment: 1.334

Price has made it halfway to the top of the channel and is entering "congestion" where price recently found resistance. In the event of a quick reversal here, this will at least turn a profit after trading costs.

2016년 12월 27일

노트

SL adjustment: 1.338

Didn't check this chart yesterday but price continues to rise. So, the SL is being manually trailed. Another adjustment will likely be due at the end of the trading day.

2016년 12월 28일

노트

SL adjustment: 1.342

2016년 12월 28일

노트

SL adjustment: 1.346

USDCAD is losing momentum as it nears the top of the channel.

2016년 12월 29일

매매 수동청산

200 pips is good enough for me.

Trade closed manually at 1.34913