V1:T4_Short USDCAD WAY OVER EXTENDED Daily.
USDCAD is way overextended, and stopped out a majority of traders just like anticipated.
Short break of the low. Stop behind that most recent high. Can't help feeling like I jumped infront of a train. Who knows.
Meant to put in stop sell limit, instead put regular limit order that executed immediately (damn it) my protocol when this happens is to let the position play out.
Short break of the low. Stop behind that most recent high. Can't help feeling like I jumped infront of a train. Who knows.
Meant to put in stop sell limit, instead put regular limit order that executed immediately (damn it) my protocol when this happens is to let the position play out.
Trade closed: target reached:
T2 hit.
Comment:
This trade was a nice 2x1 setup However if you would have gotten greedy, price would have spitefully stopped you out before making the big move down... It would have been best to take the 2x1 and place entries at the stop out level of the 2x1 trade. We would have gotten the best fill in the business with this one.
