On March 26 and 27 2025 I posted on social media, @AidanFX , “EURCAD If it happens, will be watching to BUY on break and close above 1.5394.” and the trade setup entry, stop loss and targets “EURCAD LONG @ 1.5397 SL @ 1.5319 TP1 @ 1.5631 TP2 @ 1.5865.”
EURCAD 1 Hour Chart March 27 2025 (Entry)
EURCAD 1 Hour Chart April 11 2025 (All Targets HIT)
Buy trade entered March 27 2025 at 1.5397 with a 78 pip stop loss at 1.5319. EURCAD hit all the proposed targets. 1/2 position was closed at the 4R target for +2% gain and the remaining 1/2 position was closed on April 11 2025 at the 6R target for +3% gain where the trade was finally fully closed for a combined gain of +5% +468 pips. (Risking 1% on every trade)
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. If you followed me on social media you too could have caught the EURCAD move higher. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
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