EURCAD short - 10 November 2016

Background:
- Back to trading after finalisation of US election
- Long shooting star formed after bursting through 1.492 daily resistance area
- Gap created on the 7 Nov remained unclosed, proves bear defending that price area

Entry:
- Sell stop placed 15 pips below the long shooting star low @ 1.4570

SL:
- About 10 pips above the long shooting star open @ 1.4660

TP:
- TP set at a possible support @ 1.4378
- TP2 can be seen at 1.427 area

Alert:
- Hopefully the post us election price action wont be as volatile after bear momentum kicks in

ความคิดเห็น:

Updates - 11 November 2016:
- Trade not yet triggered
- No much movement from yesterday session
- Hold on to the set up

ความคิดเห็น:

Updates - 13 November 2016:
- Trade not yet triggered
- Last day of the week continued a inside shooting star candle
- Hold on to the set up

การซื้อขายยังคงดำเนินอยู่:

Updates - 15 November 2016:
- After multiple day of shooting star candle subsequent to the long shooting day fro election day, yesterday candle gap down and close lower, triggering my sell stop
- As per above, will keep holding on the trade and hopefully will reach my target soon :)

การซื้อขายยังคงดำเนินอยู่:

Updates - 16 November 2016:
- Phew... this is a close one.... yesterday price started bullish and nearing my SL. Eventually the bear came in and push the price downwards and closed a bearish marobozu candle.
- In this point of writting, the price is 50 pips away from my TP. Hopefully it will realised today and not wait until Friday when Draghi is scheduled to speak.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Updates - 17 November 2016:
- US session push the candle to hit my TP, earning 200pips from this trade.
- Yesterday candle closed a doji similar candle at the daily support region, with lower low and close.
- However, i think it could go further down to test 1.427
- Nevertheless, i am happy with this trade :)