Dollaro / Dollaro canadese
Long
Aggiornato

USDCAD Long bounce on trendline with Bullish engulfing

62
Date Pair Direction Trade Trend Level Signal Entry
2019-10-22 USDCAD Long Counter Trend Side Dynamic Engulfing break
Nota
Moved stop to BE
Nota
Moved stop to 0.1R.
istantanea
Nota
Moved stop to 0.8R
istantanea
Nota
Moved stop to 1.25R.
istantanea
Trade chiuso: stop raggiunto
Stopped out at 1.25R.
istantanea
Looking back I have set the SL to tight and the trade was closed too early. I could have held until the target. Then again price could also have dropped lower.
Looking at it from a risk to reward perspective:
I would have left 0.5R on the table to make 1.3R extra on the trade. That is a RR worth taking.

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