EURCAD EURCAD Here’s a planned setup with a 1:5 RRR. The entry, stop, and target are aligned with my personal trading plan: the stop is placed where my idea would be proven wrong, and the take profit is five times the size of my risk. This post is meant to showcase my approach to building high R-multiple trades, not to encourage anyone to trade. I’ll update this after the trade finishes, showing whether it reached +5R or got stopped, as part of my transparent trade journaling. Disclaimer: Educational content only, not financial advice—trade at your own risk.
EURCAD The 2009 highs have been surpassed (2nd time), prompting the question of whether to pursue buying or selling opportunities. A closer examination of the DXY can provide insights into the future movements of the CAD and EUR. Understanding these trends is crucial for making informed trading decisions.