Attached above is the hourly chart for GBPCAD.
My longs entry and longs exit as per circled in chart. Was expecting an immediate profits right after my longs analysis yesterday: http://donovan-ang.blogspot.sg/2016/01/gbpcad-13-january-2016-wednesday-307pm.html
Had to withstand a shake-out. I am taking partial profits as a risk management strategy with reasons as highlighted in chart.
Had to withstand a shake-out. I am taking partial profits as a risk management strategy with reasons as highlighted in chart.
Above are the profits in (CD) Canadian Dollar.
Below are the profits converted into (SGD) Singapore Dollar.
Below are the profits converted into (SGD) Singapore Dollar.
Profits in this trade:
+S$ 11,611.87 SGD
Cumulative:
S$ 37,430 + S$ 11,611
= S$ 49,041 SGD
Trading Journal:
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