NOTE: THIS BLOG IS STILL UNDER CONSTRUCTION AND IN THE PROCESS OF IMPORTING PREVIOUS BLOG CONTENT AS WELL AS BUILDING A PROPER WEBSITE. AT THE MEANTIME, I AM UPDATING NEW POSTS ON STRATEGIES AND MY PERSONAL TRADING LOG.

USDCAD Trade

Mar 20, 2008

SELL 1.0256
Take Profit 0.9826 (430 pips)

My stop loss was open when I placed the trade and this is basically a longer term trade. The current price is round about 1.0064 (192 pips) and I have locked in a stop loss at profit 100 pips.



WIN : 100 pips. Stop loss triggered at 1.0156.

Disclaimer : This is not intended to be a forex trade recommendation or signal. There is also a time lag between placing my personal trade on the forex market and this blog post. I will frequently check on the open trades to see if I will continue to hold the position and will update my positions in the forex market according. Following the trades is strictly at your own risk and I do not hold any responsibility over the outcome of your trade.

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