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Ucshort

USD/CAD SELL SIGNAL #DaytradeHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Day-Swingtrade-Execution Sell-Limit: 1,32300 Stop-Loss: 1,32650 Target 1: 1,32025 Target 2: 1,31810 Target 3: 1,31610 Stop-Loss: 35 pips Risk: 0,5 % - 1% Risk-Reward:2,02 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
USD/CAD SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation! USD/CAD: Day-Swingtrade-Execution Market-Sell: 1,35855 Stop-Loss: 1,36225 Target 1: 1,35540 Target 2: 1,35270 Target 3: 1,34935 Stop-Loss: 37 pips Risk: 0,5 % - 1 % Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
USDCAD Short After NFPUSDCAD Short - Daily Timeframe Entry - 1.305 TP - 1.285 - 200 pips SL - 1.315 - 100 pips Disclaimer- I will ordinarily avoid trading around or near NFP, but I'm making an exception this time around, which could turn out to be a bad move. I've been in and out of shorts on USDCAD for a while now, but this looks like an opportunity to capitalize on a larger move down. Fundamentals: - Oil prices continue to rally with an unsettled US-Iran situation. - US Hourly earnings and NFP numbers missed projections. - Canadian unemployment rate and new change in employment beat expectations. - Central bank interest rates are even at 1.75%. - Majority of retail traders on Myfxbook (86%) are long. Technicals: - Price broke out and retested a long-term ascending trendline. - Price on the daily timeframe is below the Ichimoku Cloud, 200 MA (blue line), and 30 EMA (green line). - Made LL last week. We'll see how it goes. It's possible I'll have missed an opportunity to enter at a more favorable price. Didn't open a huge position- risking 2% if SL is hit. Thanks for looking, -Zedro
Short
by Zedro
3
UC: Update on free signal given on 11.14We've cleared enough profit to move stop loss to entry so this is as of now a risk-free trade. Our first downside target remains 1.315 which is just over 100 pips. We're currently floating +38 pips and look for more downside price action in correlation with Oil potentially breaking 78$ a barrel. Four days of bullish price action were over with yesterday's bearish (engulfing) close. We're looking forward to more downside price action with this trade and will update to the channel when we have taken a partial profit.
Short
by UnknownUnicorn3442968
13
Catching a Short Term Retracement on USDCADEntry - 1.329 Take Profit - 1.32 - 90 pips Stop Loss - 1.33575 - 67.5 pips I don't usually like to trade against the trend, but the reaction following the CAD CPI/retail data has me thinking it's time for a correction. The price jumped off of terrible data, but fell back below my significant level of S&R (1.329 - light blue line). The long wick on the weekly candle indicates to me selling pressure, profit taking, and trapped bulls. The main point of trouble on this 4H chart on the way to my target is the 30EMA (green line) My stop loss is above one of the recent high, though not quite at the top of that news bump. This is a somewhat questionable trade, considering that myfxbook has 87% traders are short on USDCAD (usually best to trade on the opposite side of the majority), but the next area of strong resistance is about 200 pips away (1.345) and will take some effort to get there. I'm not ruling 1.345 out, but I'm looking for an ebb to the flow. Target at previous area of minor resistance. Not looking to be greedy for a long ride down. Thank you for looking! -Zedro
Short
by Zedro
1
USDCAD SHORT: TechnicalUSDCAD is overstretched to the upside. On the 4H chart, it is outside 800 period Bollinger Bands. Furthermore, there is divergence towards the 1.34 level, suggesting momentum of the upward move is slowing. I expect a pullback on this pair, especially as oil appreciates back to the $50 level, to 1.32. Below 1.32, strong support should be expected at 1.30. Risks, of course, are a hawkish FOMC statement (largely priced in) and a Trump win (not priced in).
Short
by Exercise-Discipline