As it turned out, the stop loss was hit and price looks like it might continue to the 1st aggressive target without us!
Decent trade nonetheless.
GBP/CAD – Long Trade Closed +170 PIPS
Tag: forex trading
GBP/CAD – Long Trade Management
We need to remember that long term the pair has been moving lower. Still, in this case we are in a situation where we’ve locked in about 170 PIPS. Aggressive targets could be as much as 330 or 450 PIPS based on the drawing on this 4 Hour Chart.
GBP/CAD – Long Trade
This pair is currently up about 300 pips from entry.
It was an idea from a friend in my Trading Network. I hadn’t been checking on this chart.
So far there is a stop at breakeven. Will monitor.
Charts101 Trading 