Stop Loss Triggered on Long USD/CAD Position, 30 pip Loss

The USD lost strength again the CAD resulting in my long position to be closed out last week at a 30 pip loss.


Summary of the full trade is as follows:


June 25, 2014 @ ~10:50am

• Bought USD/CAD @ $1.07237
• Limit = 1.1045, Stop Loss = 1.069
• Potential Gain: 321 pips
• Risk: 30 pips
• Result:  June ?, 2014, Sold @ 1.6069 for a 30 pip loss
• POSITION NOW CLOSED

For more information on this trade see Forex Focus Weekly available to clients with live accounts from forex.com.


Summary:


Today:  0 pips
This month:  -20 pips
Cumulative (since June 23, 2104):  -20 pips


Open Positions:
June 23, 2014, Long AUD/USD


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