polyclick

USD/CAD Longer Timeframe S&R Test Case

Long
polyclick Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Bounce back from support, first time I try to trade on a bigger timeframe.
Trade closed: stop reached:
My stop kicked in at 1.333, I thought the price would go a lot higher (1.34) but it seems stuck at the consolidation zone around 1.333 - 1.334. So instead of -hoping- I decided to put a tight stop under that zone.

The awesome oscillator also showed a sell signal, so I'm pretty happy with the profit I made. (+0.0395 BTC, traded with: 0.1 BTC, 200 leverage). I'm using 1Broker so I can use my bitcoin to trade on forex markets, which gives me a lot more opportunities: 1broker.com/?r=17598
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