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Eurcadforcast

EURCADIt Could rise up to 1.46487 (50) Pips up Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Please add a comment... Positive feedback and constructive criticism are important to authors and the community.
Long
by Sibusiso1991
Possible EUR/CAD short position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-12 Hours Actions on - A – Activating Event Market will meet resistance in zone @ current levels - .... and fall to the 1.463. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.463 FX:EUR/CAD Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 1.463 Target 2 @ .... Risk/Reward @ 1.5.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
1
EURCAD - BIG LONG TRADEEUR/CAD is preparing itself for a big upmove. Recovering with 2 candles only after hitting the daily support and now failing to enter into a reversal phase, it is finding its support for a bigger up move in this consolidation phase. Keep this pair in your watchlist and look for a buy on the next low test. This is a very good looking setup. Highly probable move coming up next if the support holds and prices keeps rejecting the lows. As the prices make its push up and breaks the 200 ema on the daily, we'll have the beginning of the bullish weekly trend. Trade safe.
Long
by MoolahMaker