GBPCAD SS MA TRade long + 60 Pip Potential

We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.

Entry = 1.7074
Stop = 1.7054
Risk = 20 pips
Profit target = 1.7134
Reward = + 60 Pips
RRR = 3-1

**Once this trade is up + 25 pips, move your stop to breakeven and let it run

I would appreciate if you leave a comment or like as a thank you

Allen

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This trade was triggered on a strong down move. Those in the Trade room were able to cancel the trade in time. Whenever, there is a strong push into the MA, need to quickly cancel the pending orders.

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To be clear, we will count this as loss here though and I apologize to any who follow me who had a negative result.

Allen

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So the reason for the Sharp down move was the UK's Carney saying...

"Major Central Banks Have Limited Room To Combat Downturn"

Allen