BTCUSDGBPJPYUSDJPYUSOILEURCAD Escalation of Trade Tensions: The trade conflict between the U.S. and China intensified as China imposed 125% tariffs on all U.S. imports, matching President Trump's earlier 145% tariffs on Chinese goods. This tit-for-tat escalation has raised concerns about a potential global recession, prompting urgent diplomatic efforts from the European Union and the United Kingdom to mitigate further economic fallout.
EURCAD someone here that is day trade more than 1-2 years? and can honestly say if profitable ? By profitable i mean you made more than all your losses since day one of trading. It looks for me that the odds to be profitable in a long term 'day trading ' is very very low (for retail traders at least ), even if you menage risk and wait for your setup. Even wit the perfect setup it is still 50-50 that will work. I mean how many times the price is showing one thing but is doing another... Also taxes and commissions... Long term investment seems more reasonable, no ? but still you need big capital to be worthy. Also all this day traders gurus teaching how to trade, it's seems to me they're not profitable most likely and they're just making money by teaching others how to make money
EURCAD is bullish. It was bearish but price broke H1 resistance to change the trend back bullish. I'd prefer price to form a HL before looking for buys towards 1.58000.
EURCAD Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the EUR/CAD "Euro vs Loonie" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. ๐๐ธBook Profits Be wealthy and safe trade.๐ช๐๐
Entry ๐ : "The heist is on! Wait for the breakout (1.54200) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. I Highly recommended you to put alert in your chart.
Stop Loss ๐: Thief SL placed at 1.56000 (swing / Day Trade Basis) Using the 2H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target ๐ฏ: 1.51600 (or) Escape Before the Target
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EURCAD Escalation of Trade Tensions: The trade conflict between the U.S. and China intensified as China imposed 125% tariffs on all U.S. imports, matching President Trump's earlier 145% tariffs on Chinese goods. This tit-for-tat escalation has raised concerns about a potential global recession, prompting urgent diplomatic efforts from the European Union and the United Kingdom to mitigate further economic fallout.
