Mar 4 • Executed Trades
Patience Pays
USDCAD – Trade Recap 🇺🇸🇨🇦
This was the trade idea shared earlier this morning.
During the London session, price action offered nothing of interest — no clean structure, no confirmation, and no reason to force an entry.
However, as we approached the New York Key Time Window (KTW), the market delivered.
We saw a Smart Money Trap (SMT) form, followed by mitigation that trapped buyers and shifted momentum lower. That move aligned perfectly with our narrative of price delivering into the marked Break and Test (B&T) and IFC supply zone.
Initially, placing the limit at the B&T would have resulted in a stop loss larger than I was comfortable with. Instead, I refined risk by setting the limit at the mitigation of the IFC supply and positioning the stop above that zone.
After entry, price action was slow and required patience — but the structure remained intact, and the trade played out as anticipated.
Trade Details
- Entry: 1.36868
- Stop Loss: 1.36955 (8.7 pips)
- Take Profit: 1.36435 (43 pips)
Result: Another clean 1:5 RR on USDCAD this week.✅
Disciplined execution.Patience during London.Precision during New York KTW.
No forcing — just waiting for the market to show its hand.🏦
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Patience Pays
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