Eurcadsell
EURCAD - SWING - 16. NOVE. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Very bearish price action and pressure.
4 HOUR
Closure below main sr level!
DAILY
Expecting prices to push lower now..
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FOREX SWING
SELL EURCAD
ENTRY LEVEL @ 1.54750
SL @ 1.55620
TP @ 1.53430
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCAD, 4hr tf, sell on broken trend line retestHello my friends,
There is another setup i just found which is EURCAD pairs.
Before i start, if you find this post useful, please give me a like and follow me for my next update.
Price currently moving inside a downward channel and price was rejected at upper line touch.
There is also horizontal support which has been broken and I am now preparing to sell this pair.
I am gonna sell on the retest of trend line so we could get a better RR ratio.
There is possibility the previous upwards movement was a bearish flag.
The measured objective of this bearish flag target is at 1.5320.
Sell EURCAD 1.5550
Stop loss 1.5600
Take profit 1 at 1.5430 (2.4R)
Take profit 2 at 1.5330 (4.4R)
Use only 1-2% risk
Good luck
EUR/CAD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
EUR/CAD: Daytrade-Execution
Note: keep your risk low in this market. pretty slow and in waiting mode!
Sell-Stop: 1,55450
Stop-Loss: 1,55920
Target 1: 1,55045
Target 2: 1,54740
Target 3: 1,54295
Stop-Loss: 46 pips
Risk: 0,5% - 1%
Risk-Reward: 2,54
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EURCAD - SWING - 28. OCTO. 2020Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Bearish price action and pressure.
4 HOUR
Closure below main sr level!
DAILY
Great short entries, price overbought!
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FOREX SWING
SELL EURCAD
ENTRY LEVEL @ 1.55440
SL @ 1.55950
TP @ 1.54460
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCAD - Running +7% on 1% riskEURCAD - Sell running in profit
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
EURCAD, 1hr tf, sell below kumo cloudHello my friends,
Another trade to take for today is this EURCAD pairs.
The setup looks like EURAUD and i am gonna take a sell position as well.
All the requirement for selling this pair are also met on the 1hr chart so we will sell on a retracement of last 1hr candle close.
Sell EURCAD 1.5530
Stop loss 1.5565
Take profit 1 @1.5495
Take profit 2 @1.5460
RR Ratio is 1 : 2
Use only 1-2% risk
Good luck