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on the daily chart you can spot the descending channel and as we start to get to the top of the descending channel we get a tight ascending channel which is a strong bearish confirmation to go short.
Hello Traders, let's take a look at the USD/CAD and take a look at our plan for the week ahead. This is interesting because we've seen the dollar strengthening against most pairs this week except the Canadian dollar which has been stronger than the US dollar. USD/CAD is breaking down into this downtrend and is closing near the lows. That's interesting. I really...
GBPCAD X-A - Impulse leg A-B - Touched 61.8% FIB - Didn't touch 78.6% - YES B-C - Touched 61.8% - Didn't touch 100% - YES C-D - Touched 78.6% - Didn't break X Long to 50% FIB level at 1.7000-1.7100 Like and follow for more analysis! www.forexstoreau.com
.LOG Forex basket Trade the NEWS : 10:34 06-Sep-19 For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies...
.LOG For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that have a positive overall...
.LOG Forex basket : 10:15 04-Sep-19 For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that...
my view on USDCAD and potential trade entry/stops/targets explained
.LOG Forex basket : 09:57 04-Sep-19 For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that...
.LOG Forex basket : 09:36 04-Sep-19 For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that...
.LOG For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that have a positive overall...
.LOG For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that have a positive overall...
CAD basket trading the news Patience is required. Today, there will be news at 8.30 NYT . -08:30 CAD GDP (MoM) (Jun) I will trade the EUR/CAD + GBP/CAD + CAD/JPY . I will put order before the news headline. This is a demo ac .
CAD basket trading the news Patience is required. Today, there will be news at 8.30 NYT . -08:30 CAD GDP (MoM) (Jun) I will trade the EUR/CAD + GBP/CAD + CAD/JPY . I will put order before the news headline. This is a demo ac .
CAD basket trading the news Patience is required. Today, there will be news at 8.30 NYT . -08:30 CAD GDP (MoM) (Jun) I will trade the EUR/CAD + GBP/CAD + CAD/JPY. I will put order before the news headline. This is a demo ac.
Today, there will be news at 8.30 NYT . -08:30 CAD GDP (MoM) (Jun) I will trade the EUR/CAD + GBP/CAD + CAD/JPY. I will put order before the news headline. This is a demo ac.
A basket forex trade is an order to buy or sell a group of currency pairs simultaneously with the intention of betting on the potential of one single currency. Basket trading is essential for institutional investors and investment funds who wish to hold a diversity of currencies without holding negative correlated positions in the market. By using a Basket...
usdcad for the short that could possible break a new lower low for big pips