Good ol’USD/CAD - Forex News by FX Leaders

Good ol’USD/CAD

Posted Monday, May 30, 2016 by
Skerdian Meta • 1 min read

We opened a sell forex signal in USD/CAD at 1.3059. During the night, the price went higher touching 1.3094, but it reversed this morning and it fell to 1.3033. That is just one pip below our take profit target so the take profit got triggered and we made 25 pips from that signal. Now the price is back up but we are out; sometimes things work just fine and right to the pip. 

USD/CAD hit out TP and reversed back up

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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