1.9360 is 2nd level of resistance. That's also why I put a tight stop. The pair seems to be ignoring s/r levels.
Hi all, Traded for the last 6 years. IT job but graduated in Accounting. really want to trade for a living in the next couple of years. and will invest more money if my trading succeeds this year. Have lost close to 50K USD over the first 3 years. Demo traded for the last 3 years and have now re entered. Account : real balance: $2000 Position sizing : 10%
Short USDCAD Time Frame 2-5 days Multiple Entries 1.1807 1.1820 Profit @ 1.1600 Mental Stop @ 1.1900 - 1.1950 Best of luck on all your trades!
Went short EUR/AUD again this morning, wide-ass stop which has been moved to 10 above break-even. Have a target below 1.8900, but, if we don't get stopped, we may see resistance around 1.9100. Trendline on 30 minute was added after 5 pm eastern, drawn from 9:30 bar to 1500 hrs bar.