mimlin

AUDCAD Quickie! 15M / 2.5

mimlin Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Dear traders,

Here's my idea on AC! I think we can make some money out of this trade (but with a risk, of course).

Here it is:

Entry Level (buy): at 0.98717

Stop Loss: at 0.98660

Take Profit: at 0.98860

With this trade, we are risking 57 pips, for 143 pips of reward!

Good luck!

P/S: There's a possibility that the market will go straight to the TP. Be cautious if you wanted to enter now and target the provided TP. Always be mindful of your money management.
Trade active:
Pending Order Buy has been triggered.

Let's go!
Comment:
Almost touch the SL. Remember, do not move the SL! Let it touch. By the end of the day, with all the upcoming trades, I'm pretty confident we will still balance out and end up in profit. Leave the order open.
Trade closed: stop reached:
Dang, that's 100+ pips lost for us.

But, don't worry. There's a reason why our SL is a thin gap. We still have other open order (check out my idea, for example EURNZD).

If any of the open order hits TP, this loss will automatically balanced out and you will still end up with profit today. :)

Remember, there's always a next trade!
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