#USDCAD #long after #professionalbuying and a test #VSALite

USDCAD long after professional buying and a sucessful test VSALite

Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX Markets).

Checklist:
• Signal of professional buying at 01/10 13:30
• Successful test at 04/10 18:00
• 4 consecutive short term indicator green bars
• Entry on a bar that closed on it’s high
• No previous price action at this level for a few days
• A background of strength

Management of the trade in accordance with my trading plan on 15 mins

Comentarios:

seems to be a lot of pressure to the downside, although the volume is low. I've moved the stop to below a high volume bar on 15 min

Comentarios:

stopped out for a loss