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Update Trading Plan NZDCAD 21/09/2016
It was a lucky day for me to have no Stop Loss! What? No Stop Loss? It was an inappropriate move as a discipline forex trader. So, what happened during the opening market on Monday? Let's have a look at my JUSTFOREX chart : It was not a smart move, but I am lucky to hold the position without any Margin Call incident. The Fibonacci has been changed from the previous chart. This will make our target of Take Profit change to a new one. I will try to close manually after the next H4 candlestick will show the bullish pattern. It is a risky move, but I hope it won't break any of my worst case scenario target. Selling Limit were remain unchanged since orders have been validate by the market. Changes only made to TP level only.No | Entry | TP1 | TP2 | TP3 |
1 | 0.96574 | 0.96313 | 0.95681 | 0.94663 |
2 | 0.96509 | |||
3 | 0.96446 | |||
4 | 0.96366 | |||
5 | 0.96302 | |||
6 | 0.96146 | |||
7 | 0.96094 |