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Canadian

CADJPY Sell Sell SellStill time to catch this one. Nice profit from the buy now secured - that was shared on here last week too. 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.
Short
by pow_removetheguesswork
BULLISH FLAGGBPCAD The pair has been on a down trend and has been respecting the descending trend line as the resistance where it has been pulling down from ,at this juncture the pair has currently broken the previous weeks HIGH after a very long mini consolidation in that zone giving us a double bottom which price respected and bounced off from ....Currently on the previous weeks HIGH price is giving us a chart pattern formation which is trying to signal to us that price is about to move massively and possibly break the descending trend line to begin a new trend which would be a new UP TREND...Aggressive traders know what to do Conservative know what to do. Define your self and your trading style figure out your personality Leave me a comment in the comment section let me know what you feel about the analysis and possibly why you think other wise
Long
by HoneypiesfxS
CA10Y: Next target is 0.8, can it rally?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the bonds market for Canada, especially for its government been quite bullish recently. The last close was at +7.07%. Although, some resistance seems to be on its way, I think the next target in price to look for milestone-wise would be at $0.8. Afterwards, one could then look at it carefully and see if it worth a long hold, risk mitigation, or reinvesting. Again, just my opinion.
TVC:CA10YLong
by gamer456148
UPDATE: AUSSIE CAD finally at resistance!!! AUDCAD reached the major resistance held since last August and appears to be running out of steam. It is currently pulling back down towards the old green descending channel again. I'm neutral on this trade for the moment as its clearly in a strong uptrend... May take a long if it fails to break back into that channel. If you have any ideas supporting or on the contrary to my opinion please leave a comment. Thank you and happy trading :) Disclaimer: This is not financial advice.
by EireTrade-Capital-Management
WHAT WILL HAPPEN WITH CANADIAN DOLLAR FOR NEXT TIME?HELLO, EVERYBODY, WHO FOLLOW ME!💣🚀 I promised to my dear subscriber, @Pps33_Day, to look at CANADIAN DOLLAR, which is popular for most of all😘🌹 GUYS, WHO INTERESTS in CANADIAN DOLLAR , I OFFER LONG IT CAREFULLY)👍✔ Indicated on the chart for you indicative levels where the price may come What do you think about this?❔❓ 💸Be careful, don't forget about stoplosses. 🌻Wish you to have a good day and good mood🌻 Be strong, I'm with you❔💪🏿✊🏿 Your RocketBomb🚀💣
Long
by RocketBomb
6
the Canadian composite index - will keep selling - 2020-03-12Pattern: Triangle pattern The triangle pattern is a specific figure formed on the price chart, typically identified when the tops and the bottoms of the price action are moving toward each other like the sides of a triangle. When the upper and the lower level of a triangle interact, traders expect an eventual breakout from the triangle. As such, many breakout traders use triangle formations for identifying breakout entry points. Analyze ; Yes, the composite index Canadian is building a triangle pattern, you can notice when you reverse the chart, I like to do it because it gives you a better understanding of the chart sometime. We already reach point fifth of the wave so now idea is the market will sell until they break the triangle but we can see we have a support level before reach the second red line 8093. For now, it's possible for the market to bounce on the first red line that means 14000 and go back down or bounce and change the direction. but there is a high probability the market will go down and reach the second red line. The recommendation that will be purchasing a put option to protect their investment.
TSX:TSXShort
by Quotendance
1