DislikedWell, this thread has been quiet, so I just wanted to add...
After reading Phillips comments on the USDCAD regaring it closing above the 21 and the rules stating it should continue to the 89 MA, I took the long.
I got in @ .9352, set my stop loss at .9240 and my target profit at .9435.
Not a great R:R (only 83:112), but I am paper trading and I need something to keep my mind on the market today.
I was able to move my stop loss up after a little over an hour to lock in at a minimum 13 pips of profit.Ignored
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Ado
Whether you believe you can do a thing or not, you are right.