30 Dec 2021

29 Dec 2021: USDCAD (Long Trade)

 USDCAD long trade:-

Pre-Analysis:-


Entry:- 


- Lot Size: 0.53
- Risk: 1% ($ 99)
- Time of Entry: 8:00am
- TP: trailing stop

Post Analysis:-


- Trade closed with loss $ 37.24
- However I managed to reduce risk, instead of initial stop at $ 99
- But this trade can be manage better than this.
- After failing to break the resistance, I should consider to move the stop at break even.
- My FTMO account now sink to negative territory, a lot of work ahead with remaining 2 weeks plus trading day.