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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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Today Trend Of The Market:Buy
money management is very effective for getting profits with stop loss and take profits method with current trading position
Pair..... usdcad
Current Rate is 1.3280
According to my analysis the resistance and support will be as
1) Resistance : 1.3311
2) Resistance : 1.3331
3) Resistance : 1.3356
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1) Support : 1.3255
2) Support : 1.3230
3) Support : 1.3204
BUY position is better choice now, you can set target profit level 44 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta hai yeh pair....good luck:1f61a:
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badiya analysis bro, abi e pair girne ke liye bahut chance hai, kyo ki USD grina suru kiya ta NFP news ke bad, Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
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pair : USDCAD
indicators: Moving Average, Bollinger Bands and fibbonanci
kal ki upward movement ko market continue kar skta hai kyuki market meh kafi bullish trend tha kal or buyers kafi control me the , halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai, phir price up jayega to is time par sell karna chahiye Ye pair buy ka bna huwa he I think jahan par market punche huwe he wahan se up. ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye
BUY position is better choice now, you can set target profit level 30 pips from current price. forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta hai yeh pair
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market pair : USDCAD
for this pair it seems that it will still go down, if this pair currency has shown its strength, we can open SELL with a target at second support.and possibly will fall, hopefully what we try can produce, and if there are mistakes we hope we can evaluate and improve well, keep money management well and don't forget to start our trading by praying first, so that it can run well, sometimes market are moving with slowly but sometimes are highly moving.hopefully everything is facilitated and can be a blessing for us all, hope you make more profit and earn much more better as other benefits as well
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.
trader feel very reliable by working here and can do it as a part-time or full-time job, just by sitting at home you can earn money.
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Daily market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain goof and huge profit I thing keep in mind use money manage and always use stop loss and take profit.
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This Post is from Iqra noor
usdcad
Current Rate is 1.3280
1) Resistance : 1.3311
2) Resistance : 1.3331
3) Resistance : 1.3356
1) Support : 1.3255
2) Support : 1.3230
3) Support : 1.3204
Click Thanks if you like.
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results of analysis of using daily pivot point calculations for USDCAD
I see this pair still in strong bearish movement . If this pair keep moving to down side , I predict this pair will reach to the next support level, maybe this pair will make some correction to the next low level.
down trend is indicated from the Simple Moving Average and Bollinger Bands indicator . SELL position is better choice now, you can set target profit level 35 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta hai yeh pair ,
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Daily market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain goof and huge profit I thing keep in mind use money manage and always use stop loss and take profit.
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I anticipate this pair USD CAD have bullish course
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the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.