Review of the Pound Canadian Dollar

Good evening Dynamic Traders,

I hope you have all had a great day and are ready for your further mentoring classes with Javid and Anne this evening.

In light of the upcoming webinar tonight, I thought I would do a review of last nights blog.
As mentioned I was looking at the GBPCAD and did enter the trade this morning a little prematurely but that is what you get sometimes by taking the aggressive stance as I said I was going to do, but due to former commitments I could not stay at my computor for a better entry. Due to the large movements intraday on this pair, my stop was far enough away to have kept me in this trade, and as at present I am managing it with a profit.

With todays price action looking like a doji ( albeit as ususal it is not finished yet ) if you are in this trade manage it according to your rules and get ready for possible big moves tomorrow either way due to high impact news out on both sides of this pair.

As always please do a complete analysis on any trade you may take, and the best of luck to you all.

Clayton Farnworth.