Get started

Usdcadbullish

USDCAD : HIGH RISK, HIGH REWARDHi traders, (As always, this analysis was shared with our students first) USDCAD made a perfect retracement of the 0.5 FIB of the previous trend. USD might make another push against all pairs this morning when the NFP stat will get released. This is a HIGHER RISK trade because trading before fundamentals news creates gap and does it usual SL hunting. Here's what I'm thinking : USDCAD LONG: ENTRY : 1.2827 SL : 1.27438 TP : 1.33688 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Long
by ScottMescudiForex
USDCAD LONG OPPORTUNITY 4HR AND D ...MY OPINION(S)EMA Crossing on 4hr TF, but even so, I'm awaiting daily candle close confirmation near the 'Spring' area in order to move in and hopefully profit at the .50% fib. mark. Breakdown: 1. Touching Daily long-term trend Support Area & at Ascending Support; 2. Within Upward Channel 3. EMA crossing (4hr) 4. Appears to be a change in Polarity PS: If it goes past current Support (1.29615), I think it will try to head near Weekly Support of 1.25235 dated back to May 3rd, 2016 Thanks, Lakera
Long
by KeraTrader
USDCAD : Long on Triple Re-test of Support zone ! I'm initiating long positions on USDCAD as price has failed to pierce through the support zone around 1.3140's, My orders got filled around 1.3160's, check your trade plan and risk-reward before entering long in USDCAD. The sole reason for entering long is the strong support zone we have in USDCAD. If all goes well and Target 1 is achieved in USDCAD, Trail your stops aggressively for 2nd targets around the Upper Trendline (pink) marked. Happy Trading !
Long
by InsiderB