AUDCAD long trade on 15/10/24
Pre-Analysis:-
- Trade based on daily time frame. Strength meter as follow AUD = +4, CAD = -5
Entry:-
- Entry around 10:40 am (Asia session).
Post Analysis:-
- Scratch trade. Trade was not ready, able to got out with $7.56 lost from around $12.00 risk (0.25%).
- The decision was good as price drop further. This save account to wait for other set-up.