$100k Challenge - USDCAD Long - E11 T1 - Trade Review
Hey all!
Well, not the best outcome for this trade again. However, I still consider this position as a good trade setup that just didn't work out :) I do believe I had a strong reasoning behind the logic of this trade, but well, not every good setup is a winning setup.
Here are the notes from my journal:
The trade stopped today. Personally, I’d still consider this as a great setup that just didn’t work out, the market ended up showing a large demand presence that ended up breaking the descendant channel. Will continue to monitor for a potential break and retest setup.
Well, not the best outcome for this trade again. However, I still consider this position as a good trade setup that just didn't work out :) I do believe I had a strong reasoning behind the logic of this trade, but well, not every good setup is a winning setup.
Here are the notes from my journal:
The trade stopped today. Personally, I’d still consider this as a great setup that just didn’t work out, the market ended up showing a large demand presence that ended up breaking the descendant channel. Will continue to monitor for a potential break and retest setup.
