1/20/09 EURCAD Trade

Another surprise box trade.

Short 1 (150) EURCAD @ 6277
Stop @ 6475 (-198)
Limit @ 5269 (+1,008)

Click above for larger image

Click above for larger image

I got stopped out on this trade for a -198 pip loss.  I don’t think this was a bad trade but perhaps I should have exited earlier.  There was too much chop after the breakout.  I should have settled for breakeven and taken the squeeze box trade that set up instead.  But that is all in hindsight.




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