Get started

Usdcadbuy

USDCAD LONG USDCAD bounced from the lower support level on the H4 time frame, we expecting the pair to retest the key levels listed on the chart. HAPPY NEW YEAR !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS 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
USDCAD- BUY strategyThe USDCAD has broken through the dark cloud and this signals more weakness for the currency pair. My worry is the low stochastic level (0.50) which usually indicates we are somewhere at the end of the trend. The USDCAD moved lower because of OIL price, which y view is we should see $ 68/barrel again. Further, we got good channel support 1.2427. The strategy is to BUY at 1.2487-1.2492 area, as I expect a little more down before up again. Feel free to buy earlier, but stop-loss should be 1.2400 below. The profit objective maybe near 1.2700 which is the middle range of the channel.
Long
by peterbokma
2
USD/CAD BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: So far as we know the FEDs plan is very strict and straight forward. If nothing changes we can expect more hawkish tones and so probably more demand in US-Dollar. Be cautious ahead as market can be shaky and come up with fake-moves.🤙 USD/CAD:Daytrade-Execution Market-Buy-Order: 1.26415 Stop-Loss: 1.26195 Point of Risk-Reduction: 1.13355 Take-Profit: 1.12850 Stop-Loss: 22 pips Risk: 0,5% -1% Risk-Reward: 6,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
11
USD/CAD CHART 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD for the new week ahead This area has been touched 3 times of late i am expecting a bounce off this area but be very cautious with this trade it could just drop through SUPPORT ORDER BLOCK ZONE as was good Canada data last week, i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zone and will be looking for a BUY trade only if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Long
by Costy13
USDCAD short trade update Price has made a massive sell off like I've been expecting overall. Now we have reached another supportive area I will look for any quick reversal signs or consolidation for the retracement move back the the upside. i wouldn't expect to see an upside move possibly until mid week but I will try update if I take any positions. Its okay to change your mind like the (wind) the market is always moving fast and you can easily get caught with the wrong bias, your never always going to be right as the market will do what ever it wants when ever it wants, sometimes you need to adapt to the situation as you read the candles...
by jamison_fx