19 Aug 2022

18 Aug 2022 (Trade Example): EURCAD

 EURCAD short trade on 18/8/22

- EUR currency shows weakness as all it pairs broke Asian trading session. The only factor that may prevent this trade to work was correlation meter as CAD only slightly strong compared to EUR. In this case if I still want to trade, then my target should be at 1R only.



- Trade during London session, approx. entry time 9:25pm



- Trade able to achieve 1R profits.
- Overall profits could be more than 2R.