Gbpcadlong
** GBPCAD ** trade currently in drawdown lets see how plays out.Hi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** GBPCAD ** trade currently in DD, lets see how plays out.Evening all, its been a busy week of forward testing the strategy.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
GBPCAD, 4hr tf, buy on EMA-200 support
Another pair with CAD in it is GBPCAD.
We might actually finished this wave-iv exactly at EMA-200 support which is a strong support.
I tried buying this pair because it offer 1:5 RR ratio with only small stop loss.
The last potential HnS pattern of this pair has been invalidated so i think we will see reversal to the upside.
Buy GBPCAD 1.7370
Stop loss 1.7320
Take profit 1.7640 (5.4R)
Use only 1-2% risk
Good luck
GBPCAD - BULLISH BIASGBP - BULLISH
1️⃣ Driven by a weaker dollar and the prospect of a strong economic recovery in the UK. The "stage two" of lifting lockdown began this week, with non-essential shops, gyms, and art galleries reopening in England.
2️⃣ Most of this week data from U.K. expected to print better.
CAD - BEARISH
1️⃣ COVID continues to rage across Canada with vaccinations very slow.
2️⃣ PM Trudeau said third wave has taken turn for worse.
3️⃣ Bank of Canada meets this week - they could remain cautious given COVID situation and lockdowns.
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TECHNICAL
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- We're buying this pair on RBS level + SMA50 area on M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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RISK TO THIS TRADE
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- This trade will hit stop loss if oil prices increase (CAD will be strong).
GBPCAD > A Beautiful Bullish Gartley Pattern.I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPCAD
Hello friends.
the market currently above 1.7200 and might test below this level to see if it will find buyers and if this happens it will provide me with a beautiful Gartley pattern.
there are two ways to get in harmonic patterns.
1- aggressive limit entry at the completion of D leg.
2-conservative entry, looking fo a reversal pattern using the lower time frame
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you