This morning I got triggered & stopped out of a long entry in a matter of seconds thanks to some beyond positive Retail Sales news for the Canadian Dollar. Price has now retraced lower & nothing has changed much with my overall analysis for this pair.
I still have my eyes glued to this pair for another potential buying opportunity and I won't let the 18 pip loss earlier today scare me away. After all, if you're going to lose, lose small that way it doesn't hurt you psychologically or monetarily.
If we can get a retest of structure with a hold, that will allow me to put myself in another position that offers a great potential reward with very minimal risk.
Akil
I still have my eyes glued to this pair for another potential buying opportunity and I won't let the 18 pip loss earlier today scare me away. After all, if you're going to lose, lose small that way it doesn't hurt you psychologically or monetarily.
If we can get a retest of structure with a hold, that will allow me to put myself in another position that offers a great potential reward with very minimal risk.
Akil
Learn About Our Courses, Community & Coaching at
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Learn About Our Courses, Community & Coaching at
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.