USDCAD Long Oppurtunity

22 jul 2016

I will be looking to go long the USDCAD on Monday. My entries and exits for this trade are based on fibonnaci and price action. At market close the market was at a level I would like to get in at but I am prepared for more downside. My perfect entry for this trade would be at 1.30891.

24 jul 2016

Nota

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24 jul 2016

Operación activa

My actual levels.
Entry 1.31435
S/L 1.30495
TP 1.32134

24 jul 2016

Nota

I consider this to be a risky trade because in order to hit my tp the market will have to break out of a triangle.

25 jul 2016

Nota

Lots of consolidation.

28 jul 2016

Operación cerrada: objetivo alcanzado

Target 1 hit for 87 pips. Second position still open. I moved stops to break even but I will move it up if market passes first 1.
1.3180

1 ago 2016

Operación cerrada manualmente

I closed the other half of the position in order to avoid spikes during the upcoming news.