AUD/CAD: Review
Maybe, this par was very bad when I analyzed, because as I was very focus in H4 timeframe, I was bullish in my first trade in AUD.CAD and the price down ant took my SL and loss -3.12% in this trade, so AUD/CAD continue down.
This was my past analysis in H4, but I learn that if this trade look that has a lot support to watch, and also if look very complicated to analyze, I believe that I suppose to analyze better in H1 than H4, because in H1 look very bearish than H4 timeframe.
But I fix this analysis in H4 and this it's very simple and classic than using the previously screenshot to analyze it. As I fell in both trade, first in long and then in short.
But more in short as I fell in this trade, but as also on Thursday at night, I was in short, but maybe hour of midnight, we see a formation of this bullish evolving pattern and I was liquidated and loss another -3.54% in this trade.
Maybe, this trade was not good for me as I made a bad analysis that I will need to work a little more in this par, as if I see a par like this, it's better don't complicated a lot draw, the analysis will be simple and classic what I look to prevent this fell.
But now, it's very normal that not always I will get positive streaks, as everyday we learn something new in our life to work better. Nobody born to win, if you don't lose firs and learn of it. So I have a loss of -6.66% in this trade. So, as I had 17.99% in profit during this month. My account using this formula 17.99 - 6.66% = 11.33% in profit during this month on September.
So, my earns in this month drop to 11.33%. But not bad!!!
So guys, I learn in this par that to make a technical analysis, it's very important to be classic and simple, and not very complicated to trade it as I fell in my first trade that was a good point to look more.
And well, if i decide to trade AUD/CAD, well we see that maybe could to continue up after this break-out and look target to $0.8989 CAD. I will add my 2 link of my past analysis in AUD/CAD.
This was my past analysis in H4, but I learn that if this trade look that has a lot support to watch, and also if look very complicated to analyze, I believe that I suppose to analyze better in H1 than H4, because in H1 look very bearish than H4 timeframe.
But I fix this analysis in H4 and this it's very simple and classic than using the previously screenshot to analyze it. As I fell in both trade, first in long and then in short.
But more in short as I fell in this trade, but as also on Thursday at night, I was in short, but maybe hour of midnight, we see a formation of this bullish evolving pattern and I was liquidated and loss another -3.54% in this trade.
Maybe, this trade was not good for me as I made a bad analysis that I will need to work a little more in this par, as if I see a par like this, it's better don't complicated a lot draw, the analysis will be simple and classic what I look to prevent this fell.
But now, it's very normal that not always I will get positive streaks, as everyday we learn something new in our life to work better. Nobody born to win, if you don't lose firs and learn of it. So I have a loss of -6.66% in this trade. So, as I had 17.99% in profit during this month. My account using this formula 17.99 - 6.66% = 11.33% in profit during this month on September.
So, my earns in this month drop to 11.33%. But not bad!!!
So guys, I learn in this par that to make a technical analysis, it's very important to be classic and simple, and not very complicated to trade it as I fell in my first trade that was a good point to look more.
And well, if i decide to trade AUD/CAD, well we see that maybe could to continue up after this break-out and look target to $0.8989 CAD. I will add my 2 link of my past analysis in AUD/CAD.
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