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EUR-CAD

EURCAD - FOREX - 30. JAN. 2020Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Bullish break above previous H1 Highs. 4 HOUR Prices came back to previous resistance zone. DAILY Bearish market in a pullback, great short entries! - FOREX SETUP SELL EURCAD ENTRY LEVEL @ 1.45770 SL @ 1.46300 TP @ 1.44720 RR: 2.0 Use 0.5% risk! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
23
Possible trend shift in EURUSD – going short The Tidal Shift Strategy has just sold EURUSD at 1.10835. The system recommends entering this trade at any price between 1.10751 and 1.10919. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.18192, which suggests that the EURUSD could be trending downwards.The 14-period Average True Range on a daily chart is 0.00067, so the stop loss has been set at 1.11169. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 70356 Time Issued: Tuesday, 21 January 2020 22:00:16 GMT Status: open Entry: 1.10751 - 1.10919 Limit: N/A Stop Loss: 1.11169 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Short
by FXCM
1
EURCAD - FOREX - 14. JAN. 2020Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Bullish price action and break above shortterm range. 4 HOUR Overall very bearish market structure and waves. DAILY Good short entries after a small fear push to the upside. - FOREX SETUP SELL EURCAD ENTRY LEVEL @ 1.45540 SL @ 1.45940 TP @ 1.44740 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
17
EURCAD, Euro - Canadian Dollar: Falling WedgeFX:EURCAD This is one of our favorite situations. The formation of a pattern within a larger pattern. If the falling wedge breakout occurs, a favourable trend towards EUR on CAD could start and then be confirmed by the further breakout of the ascending triangle. Sometimes big profits can occur on these occasions. Imagine an annual Forex situation where this happens at the end of the year: 12 Trade at a loss 8 Trade for profit 12 * -1% (allocated from the total account) = -12%. 8 * 4% (profit compared to allocated risk) = +32%. Annual profit = approx. 20%. Drawdown Max = -4% approx. Would you be satisfied with an average performance of this kind? We YES! Mostly NO! We let you know that the biggest traders/investors in the history of financial markets have performed with an average of 25% per year. If you think you will outperform them we wish you good luck. Remember one of Warren Buffett's key statements: Markets take money away from impatients to give it to patients... And remember another important statement by Albert Einstein: "Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn't, pays it." Happy Trading to All!
Long
by SwissTradingSchool
2
Don't miss the great sell opportunity in EURCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.4615). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 1.4533 TP2= @ 1.4438 TP3= @ 1.4050 SL: Break Above R2
Short
by ForecastCity
13
Don't miss the great sell opportunity in EURCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.4615). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 1.4533 TP2= @ 1.4438 TP3= @ 1.4050 SL: Break Above R2
Short
by ForecastCity
10