AUDCAD short trade on 30/5/25
Pre-Analysis:
- Trade based on daily timeframe, with price in downtrend.
- Strength meter AUD = -4, CAD = -3
- This trade based solely on design, so I will not hold long to it and may protect capital quickly.
- Risk $10, exit plan at previous price level that shoot up.
- I enter trade prior to important release related to CAD (GDP m/m).
- Entry time 7:46pm
- Immediate strength meter
- Exited with profit 0.7R
- I have to close position as I am about to sleep and don't want to hold position over the weekend.
- Everything follow what was planned.
- The outcome was tiny but I accept it. Ready for next week.
