High reward to risk ratio on GBPCAD
Updated
I took three previous trades on gbpcad and was stopped out all three for a .24 lost. My setup told my to stop trading for the week and to re-evaluate the charts today. Here are my current setups this week as I am currently 30 pips in profits on a gbpcad trade that I broke even on. Let's see what next week holds!!
GBPCAD
GBPCADComment
The picture you see above are my sell limits. I entered a few sell stops that are not displayed on here. I am currently 1% in profit.Comment
All of my trades have hit stop loss. My account has suffered a .71 percent drawdown. I entered two sell stops according to my long term strategy that tells me gbp/cad is still in a downtrend via my analysis on the 6month chart.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.