OK all, remember my post from 5 days ago to start this thread?
I don’t want to give you the old ‘I told you so’ but here are my USD/CAD profits from those trades:
To summarize, I opened and closed a variety of trades on USD/CAD. There is one USD/JPY in the mix which I opened as a sell limit and it closed this morning for $153.79. As you can see, some of those trades were opened on 3/9 and 3/13 - not only on 3/8. The reason for this is that I dug into a slight hole as USD/CAD was heading south for a couple of days. It started to rise but the trend was still short. So, once I was in a position of slight gains on some of those trades, I added in stop-losses just over the break even point (1 pip over). After doing that, I also opened some long trades at a lower level. I was able to do it manually rather than using buy limit orders. I could easily have made more money on this USD/CAD pair over the past week but I wanted to limit my risk level and keep my overall account in reasonable position margin-level-wise.
My feeling is that if I can take 2.5k in profits on any given day, I will take it! Regardless of the size of one’s account, that’s pretty good $. Did anyone else take my advice and profit from this pair???!!!