Disclaimer: updating this on 2/20/20
Overall, CAD was showing signs of strength and CHF had been weak and it looked like that was going to continue. When I looked at this pair’s chart, it was trending up and looked like it’d continue. there was also a level of resistance it was near that looked like a good level to buy at, as there was a lot of room until the next resistance level
Entry – 0.74179
As the day closed on Friday, the signs of respective strength and weakness remained, so I decided to leave the orders open over the weekend. On Sunday night, I received a notification that that price had been filled
| Entry Order Level |
|---|
| 0.74179 |
| Stop Loss Level |
| 0.7397 |
| Target Level |
| 0.745 |
Exit – 0.73966
Price danced around for a while, but unfortunately it reversed, eventually hitting my stop loss. It happens, I’m not beating myself up for it. That said, as of right now, price is near my target, it just happened to have that big drop that stopped me out. That’s trading!
