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Cad-chf

CADCHF - New Buy TradeCADCHF Buy Entry : 0.68755 Stop Loss : 0.68605 Multiple TP options shown below: TP1 : 0.68956 TP2 : 0.69156 TP3 : 0.69556 Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. Still time to enter this buy trade on CADCHF. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
Long
by pow_removetheguesswork
CADCHF two sides perspectiveMain items we can see on the chart: a) The price is below a descending trendline b) Currently, the price broke with a bullish movement a descending structure c) We can see a corrective pattern making a throwback on the descending structure d) If the price breaks above the green arrow we will consider a confirmation for the bullish movement towards the descending trendline e) If the price breaks below the red arrow, we will consider a confirmation for the bearish movement towards the next support zone
by ThinkingAntsOk
CADCHF on a weekly double bottom 🦐CADCHF create a clear double bottom on the weekly chart. Now price is consolidating below the daily structure. If the price will manage to break and close above the blue structure and cosenquently break thye channel we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
6
AUDNZD Update: Profit=659 pip SL=140 pip Reward/Risk > 4.7:1 Trade Setup summary: Profit targets=659 pip (45 + 72 + 137 + 191 + 214) Stop Loss =140 pip Reward/Risk > 4.7 : 1 Current Status: Total Profit: 309 pip Closed trade(s): 117 pip Profit Open trade(s): 192 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.6583 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 1.0721 touched at 2020.07.27 with 45 pip Profit. TP2 @ 1.0748 touched at 2020.07.28 with 72 pip Profit. 45+ 72 = 117 Open Profit: Profit for one trade is 1.0740(current price) - 1.0676(open price) = 64 pip 3 trade(s) still open, therefore total profit for open trade(s) is 64 x 3 = 192 pip Break Even 1.0676 Technical analysis: . AUDNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 66. Trading suggestion: . There is still a possibility of temporary retracement to suggested UpTrend again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 1.0721 TP2= @ 1.0748 TP3= @ 1.0813 TP4= @ 1.0867 TP5= @ 1.0890 SL= Break below S1 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
23
Don't miss the great Sell opportunity in CADCHFTrading suggestion: . There is a possibility of temporary retracement to suggested resistance line (0.6888). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Take Profits: TP1= @ 0.6846 TP2= @ 0.6810 TP3= @ 0.6770 TP4= @ 0.6740 TP5= @ 0.6610 SL= Break below R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
18
Don't miss the great Sell opportunity in CADCHFTrading suggestion: . There is a possibility of temporary retracement to suggested resistance line (0.6888). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Take Profits: TP1= @ 0.6846 TP2= @ 0.6810 TP3= @ 0.6770 TP4= @ 0.6740 TP5= @ 0.6610 SL= Break below R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
16
CAD/CHF 7/15/2020Welcome to this analysis on CAD/CHF. Last night we took a short trade on this pair that got stopped out. price came back to the resistance after breaking down from the descending triangle, got rejected from it but then it regained the resistance and squeezed up. Considering the massive bullish divergence on the momentum indicators and the powerful squeeze that happened from the bottom, it seems like the descending triangle has morphed into a falling wedge now which is a bullish pattern. The target of the pattern is around 0.7076 as long as it holds above the diagonal support of the pattern. There is a resistant zone right around the target area as well (the red box around 0.7058) which comes from the lows of the topping pattern back in June. This trade idea has 3 rewards to risk ratio. Good luck trading. :)
Long
by Trader_Shayan
Don't miss the great buy opportunity in CADCHF Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6960). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. Take Profits: TP1= @ 0.7030 TP2= @ 0.7060 TP3= @ 0.7130 TP4= @ 0.7190 TP5= @ 0.7230 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
20
Don't miss the great buy opportunity in CADCHF Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6960). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. Take Profits: TP1= @ 0.7030 TP2= @ 0.7060 TP3= @ 0.7130 TP4= @ 0.7190 TP5= @ 0.7230 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
20