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Gbpcadbuy

GBPCAD BUY LIMIT 800+pips ?!Looking for a potential 800 pip swing on GBPCAD. We have cleared eq lows and have created a break-of-structure (bos). Looking for price to play into the last daily orderblock and then shoot up. I have two potential stop loss ideas, on the tighter stop loss I will be risking 2% while risking 1% on the larger stop loss trade to maximise r:r I have highlighted a green entry zone which I will hedge positions into once price arrives into that zone. Potential take profit areas are indicated through purple lines. If you do take this trade and profit, feel free to msg me and send some screenshots😊 DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made.
Long
by Turtlesoup_Maestro
GBPCAD: Flow into ReversalThis is a lower timeframe description of how we can approach this pair in relation to my last related idea. Please ensure you understand our daily outlook before you proceed with this idea. I will be looking to clear the minor resistance before bouncing from the demand region down into our area of interest to buy from. Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips!
by AlkalineFX
4
GBPCAD: Reversal PointThis pair gave a clear sell-off signal at the resistance point. If you understand order collection and liquidity you should have been able to ride this wave down without an issue. This leads us to our next question, where is the reversal point? Similar to the price action found at the resistance, we can expect this at the support region. I have illustrated the potential liquidity grab before we see retracements on the bearish move. Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips!
Short
by AlkalineFX
7
GBPCAD LONGAs we can see, GBPCAD broke the Lower trendline of an ascending channel on the H4, it bounced from the new support Level . We expecting a Bullish continuation to re-test the level listed on the chart. We taking this trade based on technical analysis and price action. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Long
by Pro-Trading-Africa
2