Disliked{quote} USDCAD Week 28 Trade Plan for Weekly chart trading using Multiple Entries / Multiple Exit MEME. Money allocated $5,000. Maximum Risk is 50% i.e. $2,500 is where I will cut-losses. Note: I have booked profits from last months buy trades and this will explain my mental state when I trade this pair next week(s). {image} There are risks trading this pair next week. June 11 is BoC may raise it rates and this will have serious impact on price volatility. Also the Primary Trend on Weekly was Bullish and the recent 2 weeks maybe correction move...Ignored
After 2 weeks, this starts to move below the Entry Price level.
With some profits from the last 2 weeks, I can now start to scale-in more positions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett