Trading Journey - Trade #3: Long USDCAD
Updated
- Retest of head and shoulders bottom neckline
- Double bottom
- Weekly resistance breakout
Bought two orders @ 1.3347
TP- For 1st order: 1.3455
TP- For 2nd order: 1.3647
SL: 1.3285
Average Risk/Reward: 3.29
Risk of capital for trade: 1.5%
Trade active
Trade closed: stop reached
SL reached. Profit(pips)=62.
Profit(percent)= -1.5%
Note
Accumulated Profit For All Trade = 2.232% Note: Trade profit or loss amount depends on your choice of position size according to your risk per trade. The bigger the risk, the bigger the position size, hence the bigger the reward.
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