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Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
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Time Frame - 4 Hour
Currency pair - EUR/CAD
Buy @ - 1.4605
Stop Loss - 1.4555
Take Profit - 1.4649
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Eurcad
euro / canadian dollar
1.46126
cad
−0.00135 (−0.09%)
market open (nov 27 11:00 utc-5)
1.46261
prev
1.46261
open
130.061k
volume
1.45877 — 1.46318
day's range
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EUR CAD (Euro / Canadian Dollar)
The Euro vs. the Canadian Dollar. The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada’s exporting of its natural resources, especially oil.
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Till now the pair unable to breakout to the weekly resistance @1.4352.
so it is likly to falling down just to retest the trend line then Up movements will be expected after
brokeakout of the weekly resistance.
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Eurcad
euro / canadian dollar
1.46173
cad
−0.00088 (−0.06%)
market open (nov 27 11:44 utc-5)
1.46261
prev
1.46261
open
140.194k
volume
1.45877 — 1.46318
day's range
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Intra day Classic Support and Resistance.
RESISTANCE Level 1=1.6460
RESISTANCE LEVEL 2=1.6493
RESISTANCE LEVEL 3=1.6513
PIVOT POINT=1.6441
SUPPORT LEVEL 1=1.6408
SUPPORT LEVEL 2=1.6389
SUPPORT LEVEL 3=1.6355
Expected range of=1.4586=1.4633
Expected Trend= Bearish trend
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Today Market trend is Buy.In my analysis show that
EURCAD bounced off 1.46003 where it could potentially rise further to 1.46627. I hope it is helpful to you and you can earn huge profit.Good luck.
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Eur/cad
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today will be going :1.4678
i think best time to enter sell trade at 1.4672 with tp at 1.4560 with narrow stop loss of 1.4690.
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Eur/Cad
Aj ka market ka trend hy:sell
jahan tak Mere experience aur indicators ko dekhte hoye market down side ki tarf ja ri hai
aor market Hamain sell main trade profit de gi to hmain right direction milay gi
aor Hameaha apne good epxerience se trading karen aur acha profit hasil karen
Thanks .