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Usdcadsignal

USD/CAD short/sell idea, almost 80 pips move...In the name of ALLAH who is most merciful and the master... We strictly take trading as a business, not a gambling stuff. We have calculated approximate risk to reward ratio on every single trade with predefined profit/loss levels. Please note: -> Never go beyond 1.5% risk of your total trading capital on a single trade, -> Always move your stops to your entry levels after the price moves 100 pips towards target, -> Always close 75% of your trade position after market makes half movement towards target. Every one has a right to earn a lot of money, but it can only be done by following the rules and principles very strictly!!! REMEMBER: We practice patience in trading. NO EMOTIONS. NO GREED. NO FEAR at all... that's how we do this business... Whenever we loose a trade, no issue, we loose small capital... But when we win, we win really really big... Day after day... Weak after weak... WE GROW... --------------------- REQUEST: Please take out some proportion of money from your profits and donate to the poor people...
Short
by WaqqasAsim
1
SHORT (SELL) on USDCAD at MARKETUSDCAD has hit the brick wall that is WR1 resistance at 1.4164. With USD weakening in the late afternoon US session this SHORT trade could play out. On the higher time frames the price is what I call "hanging" D1 being a good example of this. Price has bounced at 1.3848 but the downward pattern looks incomplete and the BEARS could possibly drive the price lower but CAD is still suffering from the crushing jobs numbers yesterday.This trade has a 54 pip STOP (entry 1.4136 and STOP at 1.4190) . TARGET is provisionally 1.3950 but will have to be reconsidered depending on whether the trade survives the Asian session tonight
Short
by theforexportal
USD/CAD short/sell idea, almost 530 pips move...In the name of ALLAH who is most merciful and the master... We strictly take trading as a business, not a gambling stuff. We have calculated approximate risk to reward ratio on every single trade with predefined profit/loss levels. Please note: -> Never go beyond 1.5% risk of your total trading capital on a single trade, -> Always move your stops to your entry levels after the price moves 100 pips towards target, -> Always close 75% of your trade position after market makes half movement towards target. Every one has a right to earn a lot of money, but it can only be done by following the rules and principles very strictly!!! REMEMBER: We practice patience in trading. NO EMOTIONS. NO GREED. NO FEAR at all... that's how we do this business... Whenever we loose a trade, no issue, we loose small capital... But when we win, we win really really big... Day after day... Weak after weak... WE GROW... --------------------- REQUEST: Please take out some proportion of money from your profits and donate to the poor people...
Short
by WaqqasAsim
8
USDCAD at top side resistanceUSDCAD CAD pairs are mostly influenced by the price movements in oil market USDCAD has break the major resistance zone 1.41000 and run up to 1.46800 and stalled The upward trend-line was broken in One hour chart We can expect short term fall back as its in overbought condition We can enter at the 1.44700 level which is 78.6% Fibonacci level Potential take profit will be 1.41750 which is 50.0 % Fibonacci level In between this level there is major deciding level is there which is 6.8% Fibonacci Leave your valuable comments below
Short
by forexorbit
1
USDCAD short trade ideaPlan : wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
7
USDCAD-opposite to the safe heaven assetsUSDCAD The CAD movement is mostly based on the movement in oil market. As the Canada is one of the major oil exporting countries and their economy is also depends on this type of oil based industries After touching the march low which is 1.33250 it has reached almost 1.40000 level We can expect short term fall back towards 1.36400 which is also a 50% Fibonacci Suitable long positions may opened at this level Potential take profit will be 1.40000 Stop lose may placed below the 100 EMA zone as i marked in the chart Leave your valuable comments related to this pair
Long
by forexorbit