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dave25981155

USDCAD Long bounce on trendline with Bullish engulfing

Long
Dollar Américain / Dollar Canadien (OANDA:USDCAD)  
dave25981155 Mis à jour   
OANDA:USDCAD   Dollar Américain / Dollar Canadien
Trend Analysis Supply and Demand Candlestick Analysis engulfingpattern USDCAD usdcadlong
3
0
trendanalysis supplyanddemand candlestick engulfingpattern usdcad usdcadlong
Date Pair Direction Trade Trend Level Signal Entry
2019-10-22 USDCAD Long Counter Trend Side Dynamic Engulfing break
Commentaire:
Moved stop to BE
Commentaire:
Moved stop to 0.1R.
snapshot
Commentaire:
Moved stop to 0.8R
snapshot
Commentaire:
Moved stop to 1.25R.
snapshot
Trade fermée: ordre d’arrêt atteint:
Stopped out at 1.25R.
snapshot
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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