[USDCAD] Jan 17, 2020 - ALuoTradingJournal
This idea was first given on the 15th of Jan, 2020 on WeChat VIP Group as a journal record.
Currently I am making a future prediction on how USDCAD will go, and what I am planning to do with my trade.
I will await for the signal to create a support level at its entry point near 1.29600 before a long position will be placed.
My stop loss would be approx. 1.29150 (This will depend how the signal goes at that time, it may vary)
The ideal take profit would be 1.316000 resistance level.
Lets wait and see what the signal gives when the trend gets near 1.29600 ish.
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market in going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
Currently I am making a future prediction on how USDCAD will go, and what I am planning to do with my trade.
I will await for the signal to create a support level at its entry point near 1.29600 before a long position will be placed.
My stop loss would be approx. 1.29150 (This will depend how the signal goes at that time, it may vary)
The ideal take profit would be 1.316000 resistance level.
Lets wait and see what the signal gives when the trend gets near 1.29600 ish.
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market in going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
Trade closed: target reached:
Was 60 pips off the entry. But the direction was correct and hit the take profit aim