Forex Winning Trade CADCHF and where to put stop loss

CADCHF was a winning trade at the moment. Once you have a winning trade, questions will be on 1. Stop loss 2. Target Profit

Let’s recap CADCHF setup, click on the link for the post on CADCHF written previously

This trade was a typical Tflow®  setup

1. H4R, with bearish expansion in H4 boxes

2. 1234, with pt 2 being 3 H1 boxes high

3. There was no WR, as pt 4 didn’t close above pt 2


CADCHF 1234 setup


SL base on pt 4

Once there was a trigger, SL will be base on pt 4 highest point (on a sell setup) plus 15 pips as a buffer.

Reverse is true. If it is a buy setup, SL will be pt 4 lowest point minus 15 pips as a buffer


SL based on pt 4


SL on F6 trigger

However, if F6 is triggered, then SL can be modified to above F3 turning point. 5-10 pips buffer recommended.

Reverse is true on a buy setup, where SL will be base on turning point below F3 minus 5-10 pips buffer


SL base on F3 (if F6 has been triggered)


This trade is currently in the winning territory and since price has already close below pt 1, then it is time to shift it to break even (if you are in this trade).


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2 thoughts on “Forex Winning Trade CADCHF and where to put stop loss”

  1. Roselle Bumagat Abano says:

    Thanks Binni for this post, clear and precise and it’s just what I needed at the moment.

    1. Binni Ong says:

      you are welcome!

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