Shorting GBPCAD

Last week I identified a number of trades that worked out nicely and the GBPCAD is one of them where we netted almost 200 pips. In this article you'll see a few of the before and after images and there is also a video which explains it all too.


This is the image I sent to premium content subscribers with details of where to enter the trade. This was a quality supply level with lots of profit potential confirmed on the both the H1 and daily charts and engulfs on both too.

2014-11-20 GC Short H1


Price hung around the area for quite some time so there was ample time to get in.

2014-11-20 GC Short 5m


Price did as expected and we netted almost 200 pips. Price was not able to break below the previous low on the daily and there was also an engulf of a 5m level too which indicated that price could bounce much higher. Price could still fall further but I followed my plan and that's all that matters.


A37 image 1 GC H1


A37 image 2 GC M5

A37 image 3 GC D1


If you would like to receive trades like these each week then you can sign up for more info below.

Happy Trading

Like what you see? Share it here:

Recent Posts

Bullish Moves on the Pound

By Joe Wright | February 17, 2019


By Joe Wright | February 17, 2019

Big Swing on USDCAD

By Joe Wright | February 10, 2019

Entries Are Exits

By Joe Wright | February 10, 2019

GJ Bounce

By Joe Wright | February 10, 2019

Leave a Comment

Want to improve your trading? | Download your free Traders Checklist


Learn To Read The Market

Your guide to consistent trading profits:
  • Identify high quality setups
  • Learn to read price action
  • Trade with confidence