You can move to break even if you didn't take profit. earlier. It was a decent move for a day trade.
if you move to break even and it resumes upwards, definitely make sure to trail your stop and get out before
US News Thursday (USA/PST) when the GDP q/q and Unemployment Claims numbers are released. This goes
for all CAD and USD pairs as well. Always be flat 15 minutes before major news and I don't trade until 15 minutes
after the release(s).
if you move to break even and it resumes upwards, definitely make sure to trail your stop and get out before
US News Thursday (USA/PST) when the GDP q/q and Unemployment Claims numbers are released. This goes
for all CAD and USD pairs as well. Always be flat 15 minutes before major news and I don't trade until 15 minutes
after the release(s).