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Final trades of the month (CAD)

Written by Hugh, on July 31st, 2007

2:51 ET – L(5) USD/CAD @ 646, Stop @ 629, Target 4 @ 671, TS 1 @ 25 pips.

Entered because it was bouncing off a short term support point.

3:54 ET – Stopped out.

Trade Totals: -17 X 5 = -85 pips = -$8.00

7/31/07 CAD Trade
15 min

7/31/07 CAD Trade 1hr
1 hr

Follow up: I should have seen the resistance on the higher level charts and only focused on a short entry, especially when the long trade failed.




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This post was written by . His goal is to become a professional trader.