22 Oct 2024

21 Oct 2024: GBPCAD

 GBPCAD long trade on 21/10/24

Pre-Analysis:-

- Based on H4 timeframe, strength meter was GBP = +5, CAD = +1.

Entry:-

- Entry time 11:04am (Asia session).

Post Analysis:-

- Very impulsive trade, price not even break the range.

- This was purely a hope that price will break that range, which not happening.

- Should not trade this, huge mistake.

- Why not trade USDJPY for a long trade?. Trade was there during New York session.



- Update (26/10/24)