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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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In Forex, you have selected a currency which is very dangerous for me. I have lost a lot on USD/CAD and my experience is very bad on this, so I do not trade on USD/CAD and do not give any experience on it. But now I will try to trade by looking at it because some members are saying very good analyses and its trading method over it, which can be used to gain profits but I had stopped trading on Even if you want to chat on this, in my view, stop loss should be trading with take profit.
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kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.
I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Thanks for u.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Thanks for u.
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i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
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Cad-Chf - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1. are buy based
Resistance 1 - Resistance 2 - Resistance 3. are target based
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Buying 1 lot on this pair. It's a key support level , after seeing major downward movement from the bears, watching the 5-15 min tfs we can see bulls starting to push in.
Entry: 0.71341
TP: 0.71690
SL: 0.7000
Best of luck
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Cadchf
canadian dollar/swiss franc
0.71488
chf
+0.00118 (+0.17%)
market open (mar 04 16:44 utc-5)
0.71370
prev
0.71370
open
161.539k
volume
0.71125 — 0.71846
day's range
