9 Aug 2022

9 Aug 2022: CADCHF

 CADCHF short trade on 9/8/22

Pre-Analysis:-

- CHF was the strongest currency across the board. CAD was in neutral state according to correlation reading. I intended to trade this with 2R profit target.




- Trade during London session, time of entry 3:53pm

Post Analysis:-

- Trade end up with loss but I manage to reduce loses as I continuously moved stop when price dropped into my favour.