Not a great week this week. Overall I have been pinched 4 times [3 Losses and 1 Breakeven]. I found myself getting into USDCAD based on the 1min, 5min, 30min and 1hr all lining up. The trade would not shoot up at any point. Those candelstick wicks were extended, showing market indecision.The 4 hr chart is strong bearish, but does not reflect on our equilibrium opportunities.
Trade 2 Open below
I got out because of my system. The stop was just below the resistance away from a round number.
Trade 1 & 2
I am watching from the sidelines to see USDCAD moving up slowly.