Posts tagged with ‘USDCAD’

  • orex Calendar - highly advanced, famously reliable Forex calendar packed with features and information that helps Forex traders make better decisions

    USDCAD PROFIT

    1 and 5min charts were lined up great. The RSI on 30min was not perfect, so I was a…

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  • Successful professional traders do three things that amateurs often forget. They plan a trading strategy, they follow the markets, and they diarize, track, and analyze each of their trades.

    USDCAD LOSS

    I got back into this, as I strongly felt that the outlook for this pair is bearish. The system was…

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    USDCAD BREAKEVEN

    All charts were in line, including the 1hr. I was taken back by the quick reactions of the market. I…

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  • A trading system is simply a group of specific rules, or parameters, that determine entry and exit points for a given equity. These points, known as signals, are often marked on a chart in real time and prompt the immediate execution of a trade.

    USDCAD PROFIT

    I got in a little late in this trade. I was caught out watching another pair. USDCAD 1, 5 and…

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  • This USD/CAD Chart lets you see this pair's currency rate history for up to 10 years

    USDCAD 2 LOSSES

    Not a great week this week. Overall I have been pinched 4 times . I found…

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  • A candlestick chart is a style of financial chart used to describe price movements of a security, derivative, or currency.

    USDCAD BREAKEVEN

    USDCAD was closed out breakeven, after an epic fall from identified resistance point. 1.  I got off to a bad…

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  • The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

    USDCAD PROFIT

    This had a very similar setup to EURUSD earlier today. The pair moved sideways for a long time, there were…

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  • Tenkan-sen (Conversion Line):(9-period high + 9-period low)/2)) On a daily chart, this line is the mid point of the 9-day high-low range, which is almost two weeks. Kijun-sen (Base Line):(26-period high + 26-period low)/2)) On a daily chart, this line is the mid point of the 26-day high-low range, which is almost one month. Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2)) This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as “Leading” because it is plotted 26 periods in the future and forms the faster Cloud boundary. Senkou Span B (Leading Span B): (52-period high + 52-period low)/2)) On the daily chart, this line is the mid point of the 52-day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.

    USDCAD PROFIT

    I saw the patern setup cooking up nicely for about half an hour. It took quite a while for it…

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  • The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often called 'The Loonie'.

    USDCAD 19.07.2016

    I missed the first entry at 9.10am due to a late start. The price rebounded nicely and I got back…

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  • Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

    USDCAD PROFIT 11.07.2016

    All currencies on my watchlist were setting up. I took the USDCAD based on the judgment I made looking at…

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