Euro / Canadian Dollar

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Euro / Canadian Dollar forum


EURCAD I trade 4H TF, entry on 30min fvg

reason to enter : Bullish 4H candle with liquidity sweep previous candle
Snapshot


BTCUSD GBPJPY USDJPY USOIL 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.

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 it's that time we go back retest that weekly resistance that was broken. (1.51500 - 1.51000)



EURCAD
shorted...SEC @ 1.5615
multiple confluence + confirmation
via system...🙈

EURCAD
just went long....BEC @ 1.5440
multiple confluence + confirmation
test n see 🙈

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.
Snapshot