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EUR-CAD

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
EURCAD - FOREX - 05. DECE. 2019Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Very bearish drop after touching previous resistance 4 HOUR Prices back at support zone and buyers area DAILY Overall bullish waving market structure at support, good long entries. - FOREX SETUP BUY EURCAD 1ST ENTRY @ 1.46200 2ND ENTRY @ 1.46060 SL @ 1.45800 TP @ 1.46630 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
Long
by DACapitalTrading
16
EURCAD - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Bearish market turned bullish. 4 HOUR Bearish price action at its wave low, we need a push to the upside. DAILY Bullish market at a bearish pullback, great long entries. - FOREX SETUP BUY EURCAD 1ST ENTRY @ 1.46630 2ND ENTRY @ 1.46330 (Wait for trigger) SL @ 1.45810 TP @ 1.47520 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
Long
by DACapitalTrading