USDCAD PROFIT

USDCAD PROFIT
30th January 2017 contacttf
A SELL trailing stop limit moves with the market price, and continually recalculates the stop trigger price at a fixed amount below the market price, based on the user-defined "trailing" amount. The limit order price is also continually recalculated based on the limit offset.

The resistance on the 1 day chart was not clear. For this reason my stop was very tight.

The trade entry was excellent. I was looking for a strong bearish candle.

I needed to leave my desk, so my stop was moved down towards profit.

The trade was stopped out, shortly after.

It is an order placed with a broker to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit an investor's loss on a security position. Setting a stop-loss order for 10% below the price at which you bought the stock will limit your loss to 10%.

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