17:00 (Riga time), Canada
BoC Rate Decision and Rate Statement
09.03.16: 175 pips on USD/CAD, $1960.
Action Plan. Two minutes prior we place pending orders BUY/STOP and Sell/STOP:
the USD/CAD pair, with a differential of 35 pips, the S/L should be placed on the opposite order, the T/P – from 50 pips and above.
When trading with distant goals, after reaching the minimum profit, we move the S/L to the opening prices and wait: if the movement stops and there is no potential for further movement, then we close the trade as it is.