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Audcadsetup

AUDCAD - Where to next?Happy Sunday! What I like to do on the weekend as the market is off, I analyse the market and various different assets LT & ST positioning, it will then be noted and I am ready for the week ahead. AUDCAD - It's brewing its one I did share and I am sharing it again on Trading view, it's a break to either direction, which makes great trade for next week! Be careful data wise regarding AUD. I've had questions regarding what it takes to become a trader? I will answer that here and I have answered that on my other posts and videos take a look but lot of people thinks its an over night change, they have large ego think they know it all when in reality it takes yrs of back testing your strategy, executing that plan precisely and then you got the psychology side in which people don't believe it exist but those that don't haven't really been in the game long enough. So, overall my answer is you aren't going to become a millionaire over night and you won't find many of the answers on various social media platforms either. For example one could say go buy X but they don't know what price to get in or even the reason why or stats behind it. There are great books based on various assets would be great start and then implementing strategy, that can be learnt by getting coached by real trader, yes it cost extern capital and when I mean real trader not those '3' days courses... There is not one set way of trading and that what makes trading amazing. Also, Bloomberg and CNBC IMO it's a throw off and doesn't help either it's same as trading signals, that doesn't help either. You got learn hard way to achieve great level of success and lower your ego and that is with anything. Lastly, yeah there will be people mocking you ' you want become trader' but it is possible when they mock, its just there large ego. Trading is bit like sports. Create your edge today! All the best, TJ
by Trade_Journal
Audcad bull from SupportHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:AUDCAD We can see a market tested its resistence area in H4 & H1 and now trying to test its support in bigger timeframe. So we are expecting a little strength near its Support or lower trendline. after this test we will take a Long entry near trendline. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Long
by Theranasaramd
AUDCAD - Waiting for the LONGAUDCAD has been very kind to us in the past and is now setting up for another gift. The Weekly has approached a double bottom and there is a little buying activity. However, we can see from our extensions (green and purple) that a move lower is possible. Price action has smashed through the 1.272 and so we expect it to reach the 1.618 or even the 2. Keep an eye on this, we may see a bear flag or two along the way. It may be a little early but we are setting up.......
Long
by enzenator
AUDCADDaily Setup AUDCAD Has Shown Willingness To Go Lower In The WEEKLY Timeframe It Took Out The Buy Stops And Traded in The WEEKLY Bearish Orderblock (0.95183 - 0.94507) DAILY -Timeframe Price Formed A Bearish Divergence (07 Mar - 05 April 2022) The Bearish Divergence Shows Price Making Higher Highs Whilst Oscillator Is Making A Higher High - Lower Higher That Kind Of Divergence Also Shows Price Has Taken Out Old Highs , In This Case PMH /THE REST OF THE ANALYSIS SHOWS PREMIUM - DISCOUNT ARRAYS In The 12 Hour Timeframe Price Has Formed A Trendline Phantom Which Will Be Taken Out In Order For Price To Trade To The Bearish Breaker Block In The 8 Hour Timeframe Price Clearly Shows A Classic AMD Reversal DISCLAIMER : Before using this Tradingview account setups, please make sure that you note the following important information: Do Your Own Research ( DYOR ) Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. No Investment Advice Our Tradingview account is a financial data and news portal, discussion forum and content aggregator. Circle Forex Institution is not a broker/dealer, we are not an investment advisor, we have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. We are not regulated by the Financial Services Authority. We are an educational forum for analysing, learning & discussing general and generic information related to stocks, investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. We do not provide personalised recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
Short
by Prof_Invests_ZA