Post analysis 11/19/24
Hello and good evening traders,
Thank you for taking the time to join me on our post analysis. We have identified a short opportunity in the USDCAD pair. The reason behind this engagement is the alignment of several key elements.
Firstly, we observed weakness in the fundamentals of the US dollar and strength in the Canadian dollar. Secondly, these fundamentals aligned with our current trend. Thirdly, we experienced proper breaches of the previous session’s highs and lows. Lastly, we were able to gauge the opposition's strength and time an entry based of their lack of ability to perform.
Timing Consideration: Timing was a significant concern, potentially impacting the trade’s advantageousness.
the momentum of the opposing force and ascertain that their strength was waning.
After considering these factors, it became evident that a short opportunity presented itself. However, timing proved to be a more significant concern. If we had given more attention to timing, we may have had the opportunity to select a more advantageous trade. Nonetheless, we ended the day with a positive outcome, presenting opportunities for improvement and enhanced performance in the future.
See you all in the office tomorrow.
Good night,
Thank you for taking the time to join me on our post analysis. We have identified a short opportunity in the USDCAD pair. The reason behind this engagement is the alignment of several key elements.
Firstly, we observed weakness in the fundamentals of the US dollar and strength in the Canadian dollar. Secondly, these fundamentals aligned with our current trend. Thirdly, we experienced proper breaches of the previous session’s highs and lows. Lastly, we were able to gauge the opposition's strength and time an entry based of their lack of ability to perform.
Timing Consideration: Timing was a significant concern, potentially impacting the trade’s advantageousness.
the momentum of the opposing force and ascertain that their strength was waning.
After considering these factors, it became evident that a short opportunity presented itself. However, timing proved to be a more significant concern. If we had given more attention to timing, we may have had the opportunity to select a more advantageous trade. Nonetheless, we ended the day with a positive outcome, presenting opportunities for improvement and enhanced performance in the future.
See you all in the office tomorrow.
Good night,
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