USDCAD -1%
Reason for placing the trade: price was in a downtrend and had been respecting the resistance line. we got a nice rejection and then a pull back to the line so i was tempted to go in short
Why i think the trade failed: I didn't wait for confirmation that price was going to move to the downside, I should have waited for a candle to close with some momentum. I also placed the trade before some high impact news came out what caused the trade to go against me! losses are losses move on and learn from them
Why i think the trade failed: I didn't wait for confirmation that price was going to move to the downside, I should have waited for a candle to close with some momentum. I also placed the trade before some high impact news came out what caused the trade to go against me! losses are losses move on and learn from them
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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.