Reply To: Trades Week Ending 13/1/2023

#52890
Tim Tim
Participant

Trade 5

Trade: Long USDCAD
Trade type: 4H Range rotation trade Date:11.01.2023
Trade idea: Move up to complete rotation of the 4H range
Y-axis PB: Longs blocking price (negative) 0%
X-axis PB: Old longs and small new shorts (Neutral) 50%
Net DM: Long squeeze(negative) 0%
Net T-in-prof: No positions in profit (positive) 100%
Lev Positions: No lev positions(negative) 0%
1D chart: 100 D MA above price (positive) 100%
Where in range: Bottom of 4H range with reaction (positive)100%
Trade Score: 3.5/7 50% (very low confidence trade should not have taken)

Entry: 1.34329
SL:1.33033 ( below low with big margin)
TP1:1.370( top of 4H range)
TP2: (To be determed or triggered by DM switch)

15

Update: trade still open in big drawdown but missed stop loss

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