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tommyjose92

TRADE OF THE DAY 24-02-2016 ($-5.77)

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
tommyjose92  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD LONG loss Support and Resistance break
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usdcad long loss supportandresistance break
I HAVE BEEN STRUGGLING SOME DAYS WITH THE SAME SITUATION, I BOUGHT THE USDCAD AFTER THE PRICE BROKE PREVIOUS RESISTANCE AROUND 1.3817, THE PRICE WENT UP BUT COULDNT MAKE A NEW HIGH,SO AFTER THIS I MOVED MY STOP LOSS A LITTLE BEHIND THE LAST 5MIN LOW AT 1.3840, BUT THE PRICE PASSED THIS PRICE LINE SECONDS BEFORE THE RELEASE OF THE NEWHOME SALES RELEASE.

PROFIT/LOSS FOR THE DAY: $-5.77
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