Recapped on our 400% trade on usdcad

Let’s look through our 400% dollarCad trade. This was posted on our Instagram and you may get it if you have followed.

On 30th March we traded at the rebound of the support(labelled 1 on the pic) and got about 150% from partial profits (labelled 2). It unfortunately did not hit our ultimate target which was around 1.34.

Fortunately this time, price retraced and we entered on round 2 with full risk and exited at 250%(labelled 3). Since we manage to capture this trade, our overall profits is around 400% it gave us a good reason to exit fully.

Author: Trades&Profits

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