USD/CAD LONG MOMENTUM ON DAILY TIME FRAME

This is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.

This is only for educational purpose and no financial advice.


ENTRY : 1.29087 STOP LOSS : 1.27137
TAKE PROFIT 25% : 1.29574
TAKE PROFIT 50% : 1.30062
TAKE PROFIT 75% : 1.30549
TAKE PROFIT 100% : 1.31037


FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.

ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.

Comment:

Partial TP1 hit for +48 pips.
Partial TP2 hit for +100 pips.

Stop loss at TP1.

Trade closed manually:

Trade closed with +146.9 pips at TP3