Attachments: EUR/CAD

EUR/CAD

#501
Feb 26, 2018 11:39am Feb 26, 2018 11:39am

Greenstar
| Joined Apr 2011 | Status: Trader | 1,281 Posts

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.

#502
Mar 6, 2018 6:47pm Mar 6, 2018 6:47pm

breaklimit
| Joined Oct 2011 | Status: Trader | 34 Posts

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...

#503
Mar 8, 2018 6:51am Mar 8, 2018 6:51am

laybricks
| Joined Nov 2014 | Status: Trader | 4 Posts

Quoting breaklimit

Disliked

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...

Ignored

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

#504
Mar 8, 2018 7:43am Mar 8, 2018 7:43am

laybricks
| Joined Nov 2014 | Status: Trader | 4 Posts

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.

#505
Mar 17, 2018 9:17am Mar 17, 2018 9:17am

tiborf71
Joined Apr 2011 | Status: survivor | 4,131 Posts

I will be short next week.
on Thursday I will close my position before nfp.
it's just my plan.

#506
Mar 21, 2018 12:55am Mar 21, 2018 12:55am

tiborf71
Joined Apr 2011 | Status: survivor | 4,131 Posts

Quoting tiborf71

Disliked

I will be short next week. on Thursday I will close my position before nfp. it's just my plan.

Ignored

now I close the short.

#507
Mar 28, 2018 3:48am Mar 28, 2018 3:48am

shyean
| Joined Apr 2016 | Status: Trader | 434 Posts

Hello fellow traders,

Watching red zone to short if price reaches there.

Thanks

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"The markets can remain irrational longer than you can remain solv

#508
Mar 29, 2018 12:34pm Mar 29, 2018 12:34pm

Jrd
| Joined Mar 2018 | Status: Trader | 2 Posts

Hi,

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!

#509
Mar 29, 2018 1:00pm Mar 29, 2018 1:00pm

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

Quoting Jrd

Disliked

Hi, 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!

Ignored

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

Don't Worry Be Happy

#510
Mar 29, 2018 1:32pm Mar 29, 2018 1:32pm

Jrd
| Joined Mar 2018 | Status: Trader | 2 Posts

I'm new to the Forex world. I am actively investing since ages, but Forex is unknown.

First I am wondering if it's possible to get exposed without an FX platform; just through any sort of financial instrument that replicates the FX pair.

Second, my goal for EURCAD is to buy the CAD at around 1.60 and hold for a while, aiming 1.45

#511
Apr 15, 2018 9:59pm Apr 15, 2018 9:59pm

Chryssalis
| Joined Mar 2018 | Status: Trader | 22 Posts

The opening price is above the 1.5525 pivot indicating an uptrend.
Support Level: 1.5485, 1.5421, 1.5381.
Resistance Level: 1.5589, 1.5629, 1.5693.
The MACD histogram is above the zero level.
Parabolic SAR indicator (step 0.02, max 0.2) indicates the price is moving up.

Trading recommendations: Buy.
TP: On the resistance level: 1.5589, 1.5629, 1.5693.
SL: One level below the entry point.

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#512
Apr 30, 2018 3:24pm Apr 30, 2018 3:24pm

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts

EUR/CAD stalking for long

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Money moves the market, not an indicator.

#513
May 1, 2018 12:38am May 1, 2018 12:38am

estrago
| Joined Feb 2018 | Status: Trader | 130 Posts

Retesting now, looking to go long from here...

#514
May 3, 2018 11:32am May 3, 2018 11:32am

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts

Quoting andoseg2

Disliked

EUR/CAD stalking for long {image}

Ignored

Update :

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Money moves the market, not an indicator.

#515
May 7, 2018 11:29am May 7, 2018 11:29am

tiborf71
Joined Apr 2011 | Status: survivor | 4,131 Posts

I have a bullish gartley pattern.h1
I bought 1.5322

#516
May 9, 2018 12:43pm May 9, 2018 12:43pm

estrago
| Joined Feb 2018 | Status: Trader | 130 Posts

Huge long trade coming up

#517
May 9, 2018 5:35pm May 9, 2018 5:35pm

Jakob99
| Joined Nov 2015 | Status: Trader | 18 Posts

I'm seeing a fairly decent buying opportunity here. Price action seems to suggest that we are headed toward the r/s level at 1.5353 as it bounces off of the 1.5213 line which has not only a straight horizontal r/s but also a trend line supporting the upward momentum of price. I'm long with a TP at 1.5353 for 120 pips, and my stop loss at 1.5173 for -60 pips, which means I have a 2:1 RR ratio. Any thoughts are welcome and appreciated!

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