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USDCAD: Thoughts and Analysis Today's focus: USDCAD Pattern – consolidation pattern break (continuation) Support – 1.3650 Resistance – 1.3780, 1.3830 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at USDCAD on its daily chart. Today, we are wondering if the USDCAD is setting off on a new move higher after holding support. Price continues to test at the descending triangle pattern, which could be seen as a consolidation in the uptrend and as a continuation pattern. We have listed a few things to watch out for and the next levels of resistance. What do you think? Is this a new leg higher? Good trading.
Long
by Eightcap
GBP/USD Short, EUR/GBP Short and EUR/USD ShortGBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/GBP Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
3
Brent stopped out and Drawdown increasingIn this live trading session video,we look at the BRTUSD trade that got recently stopped out for a small loss on the 100k traders challenge account. We also look closely at the drawdown and why this is happening according to the strategy characteristics on both 50% OE and 20% OE strategy. Finally, we explore on what we should do about this by looking at 3 different options. The concepts and ideas in this video can be cross transferred onto any strategy.
ACTIVTRADES:BRENT
by masterthemarkets2010
EUR/JPY Short and EUR/USD ShortEUR/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
Aussie for small profit and Sys vs Cash,3 pointsIn this live trading session video,we look at the AUDUSD trade that got recently stopped out for small profit on the 50k traders challenge account. 3 of the previous trades got stopped out before this and we look at how we should review the strategy as a professional if it is still working. We look at the the 3 steps we need to do for this System vs Cash results analysis review. The concepts and ideas in this video can be cross transferred onto any strategy.
by masterthemarkets2010
GBPUSD: Thoughts and Analysis Today's focus: GBPUSD Pattern – Impulse in a downtrend. Support – 1.2330 Resistance – 1.2456 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at GBPUSD on the daily chart. Today, we have broken down the current PA we are seeing and thinking about on the GBPUSD. We have touched on news to come and discussed the USD index. Can buyers beat resistance and the down trend to start forming a new trend higher? Will we see buyers fail again, maintaining the pattern of LHs and LLs maintaining a new leg lower? Good trading.
by Eightcap
EUR/GBP Long, AUD/NZD Short and GBP/CHF LongEUR/GBP Long Minimum entry requirements: • If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/CHF Long Minimum entry requirements: • 1H impulse up above area of interest. • If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
by StewySongs
3
AUDJPY: Thoughts and Analysis Today's focus: AUDJPY Pattern – Continuation Support – 98.90 & 98.35 Resistance – 100.20 & 100.60 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the AUDJPY on the daily. We could have a new continuation forming as buyers have beaten yesterday's high backing in a second positive session. Australian employment data came in mixed with a decrease in unemployment. This, with a weaker Yen, looks to be supporting buyers at this stage today. If we see a move below today's low or back below 98.90, this could be a warning, as it will cancel out continuation ideas in the short term. What do you think? Do you think this is a continuation pattern? Good trading.
Long
by Eightcap
AUD/CAD Short, AUD/NZD Short, NZD/CHF Short and NZD/USD ShortAUD/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. AUD/NZD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. NZD/CHF Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. NZD/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
4
USD/JPY Short and AUD/NZD ShortUSD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
1
USD/JPY Short and CAD/CHF ShortUSD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. CAD/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
USDCAD: Thoughts and AnalysisToday's focus: USDCAD Pattern – Heavy Resistance Support – 1.3514, 1.3454 Resistance – 1.3602 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDCAD daily. What are we discussing and asking today after looking at USDCAD? Will current heavy resistance contnue to block buyers? Does price have enough momentum in its current bull channel? Will this week's data and news be enough of an influence to set off a new break lower or higher? Key news, US CPI, PPI, Fed meeting minutes. Canadian interest rate decision. Good trading.
by Eightcap
USD/JPY Short, AUD/NZD Short and GBP/CAD ShortUSD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • 1H impulse down below AOI. • If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/CAD Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
EUR/USD Long, EUR/CAD Long and USD/CHF ShortEUR/USD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/CAD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. USD/CHF Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
by StewySongs
1
GBP/USD Short and GBP/CAD ShortGBP/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
4