SubscribeFirst, define your risk per trade
I have a stop that is usually 100 to 150 pips and I target about 100 to 300 pips profit
I’m interested in selling and holding for a bearish trend
Thread: Eur/Cad
First, define your risk per trade
I have a stop that is usually 100 to 150 pips and I target about 100 to 300 pips profit
I’m interested in selling and holding for a bearish trend
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hanif484 (2019-01-16), SA148P (2019-01-17), Tanveer333 (2019-01-16), Unregistered (1)
I would like to position myself on the pair, but don't really know what to use. I've been wanting to do so in several occasions, but never made the step towards entering the market.
So, I don't know how to proceed. Is there any easy instrument I can use to either sell EUR short, or buy CAD? Knowing that I have CAD (so I don't really know how to approach this).
Thanks for your insight!
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Asif777 (2019-01-16), SA148P (2019-01-17), Tanveer333 (2019-01-16), Unregistered (1)
I will be short next week.
on Thursday I will close my position before nfp.
it's just my plan.
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ok, looks like a stop hunt or someone sweeping/getting filled/getting out/whatever reason doesnt matter. ours is not to why but buy or sell.
looking good to sell now, let her test 1.6 first, if broken then check the levels all the way down, since the upmove was swift and violent, the downward may be the same.
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Hanif484 (2019-01-16), SA148P (2019-01-17), Tanveer333 (2019-01-16), Unregistered (1)
yesterday closing theme hinted bears at 1.61 but today session show the bears to gone limp at 1.6
nafta to lead the pair moving forward
but it seem market demand for eur moving into ECB risk event has awoken.
wait for further developments to see if current move up is a bearish retracement or a bullish revival for push towards 1.61
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can anyone study this chart and offer any objective views on this pair of currencies to give foresight on the market ? would love to hear some views.
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Asif777 (2019-01-16), SA148P (2019-01-17), Tanveer333 (2019-01-16), Unregistered (1)
Volatility is increasing as in the other pairs; usually 75-80 and is now 113 daily average movement by the signal bars indicator posted in the thread.
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I agree pressure is in..
15 more minutes and I am in and may average it in till 1.4995 retest but SL remains same..
Similar target?
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Hanif484 (2019-01-16), SA148P (2019-01-17), Shahzada (2019-01-17), Tanveer333 (2019-01-16), Unregistered (1)
Thanks a lot M..
Yea me too but I have a small stop just in-case...
Actually, I was too busy to post the EC trade I took yesterday with same idea..
let's see how it goes
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Loving your style. Worked a treat for EU. I hope it works here, too. Of late EU has been disrespecting breakouts. Waiting to sell EC.
Nice trade idea, man.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hanif484 (2019-01-16), SA148P (2019-01-17), Tanveer333 (2019-01-16), Unregistered (1)
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