AUDCAD: Pulling the Short Trigger
Update: Moved stop to entry
Update: Closed my two positions at 0.9960.
Profit(pips)= 45x2=90
Price failed at 1.0050 resistance level today, was rejected to form a bearish shooting star. in addition to a potential bearish rising wedge in play. Another possible short here unless price decisively break above 1.0050 resistance
9 Trades to 100 Trades
I will be publishing detailed stats for my first 100 trades on tradingview
twitter.com/thefxchannel
thefxchannel.com
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losses is a main part of the game ;)
Update: Closed my two positions at 0.9960.
Profit(pips)= 45x2=90
Price failed at 1.0050 resistance level today, was rejected to form a bearish shooting star. in addition to a potential bearish rising wedge in play. Another possible short here unless price decisively break above 1.0050 resistance
9 Trades to 100 Trades
I will be publishing detailed stats for my first 100 trades on tradingview
twitter.com/thefxchannel
thefxchannel.com
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losses is a main part of the game ;)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.