Attached above is the 4-hourly chart for GBPCAD as well as my entry and exit.
Earlier analysis:
http://donovan-ang.blogspot.sg/search/label/GBP-CAD
http://donovan-ang.blogspot.sg/2016/01/gbpcad-13-january-2016-wednesday-307pm.html
Original plan was to hold for longer term for this GBPCAD remaining holdings, and ride it out for larger profit, but decided to not take the risk anymore based on the battle ground assessment on chart above.
Earlier analysis:
http://donovan-ang.blogspot.sg/search/label/GBP-CAD
http://donovan-ang.blogspot.sg/2016/01/gbpcad-13-january-2016-wednesday-307pm.html
Original plan was to hold for longer term for this GBPCAD remaining holdings, and ride it out for larger profit, but decided to not take the risk anymore based on the battle ground assessment on chart above.
Decided to take profits on the rest of the GBPCAD longs.
Above are the profits in (CD) Canadian Dollar (CD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Profits in this trade:
+ S$ 5,336 SGD
Cumulative:
S$ 120,042 + S$ 5,336
= + S$ 125,378 SGD
Trading Journal:
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