Forex Trade Idea #107: Long USDCAD (Closed -80)
Friday, January 8, 2010 1:39
Bullish Gartley harmonic pattern on the 4-hour chart. Entry on the hourly chart.
Buy price is at 1.0310 (127% fib extension) and If the price closes above that blue line, that’s a buy for me.
B: 1.0310 / Trendline break
S: 1.0280
T: 1.0530 / 1.074
Move your stop to break even when 1.046 is hit.
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3 Responses to “Forex Trade Idea #107: Long USDCAD (Closed -80)”
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Arnold Diaz says:
January 8th, 2010 at 8:23 pm
Trade opened at 1.0310
Arnold Diaz says:
January 12th, 2010 at 2:18 am
In case you’re wondering why this trade is still open, I adjusted the stop to 1.0249: http://www.absolutetraders.com/forum/viewtopic.php?f=4&t=266#p6217
Arnold Diaz says:
January 13th, 2010 at 12:20 am
Price crossed the blue line. Second trade opened at 1.0360. Stop loss at 1.0280, Breakeven at 1.0450, target at 1.0500