Thursday, September 3, 2009

Getting off the Canadian Express


Exited my EUR.CAD trade at my trailing stop point, once the trend line was broken. Price did not quite reach my target when the trend line was broken.


These things happen, and that's what the stoploss is there for.


Still, price did consolidate at the weekly PPZ at 1.5750 before it tapered off. I could have taken some profit there, but my plan was to ride the trend.


Next trade, please!

No comments:

Post a Comment