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EUR/CAD

  • #801
  • Oct 3, 2022 7:41am Oct 3, 2022 7:41am
Quoting ForexGoose
still could be a bull trap, unless maybe the daily candle closes above 1.34 today i moved my stop up a bit over 1.35 to stay in the trade the risk for me is between 150 to 200 pips for 500+ pips in profit {image}
Bulls might be failing above 1.35
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-10-03_08-41-12.png Size: 37 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #802
  • Oct 26, 2022 8:02am Oct 26, 2022 8:02am
I put in a buy limit order before the BOC announcement.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-10-26_09-02-05.png Size: 40 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #803
  • Oct 26, 2022 9:08am Oct 26, 2022 9:08am
Quoting ForexGoose
I put in a buy limit order before the BOC announcement. {image}
possible for it to rally to the 1.40 area

i will wait until the price reaches the box shown on the chart before buying again after a break above
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-10-26_10-08-40.png Size: 39 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #804
  • Oct 28, 2022 9:33am Oct 28, 2022 9:33am
Quoting ForexGoose
{quote} possible for it to rally to the 1.40 area i will wait until the price reaches the box shown on the chart before buying again after a break above {image}
I'm still waiting to see if there will be a breakout

bulls might try again next week
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-10-28_10-32-23.png Size: 42 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #805
  • Nov 9, 2022 3:35pm Nov 9, 2022 3:35pm
there's a successful breakout to the upside on the pair.prepare your long positions.Time frame is 1 hour. The target is your own choice,but donot be too greedy.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2022-11-10 00-33-26.png Size: 15 KB
  • #806
  • Nov 15, 2022 9:24am Nov 15, 2022 9:24am
Quoting ForexGoose
{quote} I'm still waiting to see if there will be a breakout bulls might try again next week {image}
i think that it broke out this time, i'm in this trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-11-15_10-23-37.png Size: 41 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #807
  • Nov 16, 2022 9:26am Nov 16, 2022 9:26am
it is probing higher, but slow
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-11-16_10-25-41.png Size: 40 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #808
  • Nov 23, 2022 9:36am Nov 23, 2022 9:36am
wants to push up
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-11-23_10-36-28.png Size: 40 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #809
  • Nov 28, 2022 8:14am Nov 28, 2022 8:14am
Quoting ForexGoose
wants to push up {image}
almost at my target of 1.411, where I would expect it to reverse and then continue higher

i marked my next profit targets on the chart
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-11-28_09-12-51.png Size: 42 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #810
  • Nov 29, 2022 7:49am Nov 29, 2022 7:49am
Quoting ForexGoose
{quote} almost at my target of 1.411, where I would expect it to reverse and then continue higher i marked my next profit targets on the chart {image}
I will add in more long positions within the next hour
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-11-29_08-49-17.png Size: 38 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #811
  • Dec 1, 2022 7:45am Dec 1, 2022 7:45am
Quoting ForexGoose
{quote} I will add in more long positions within the next hour {image}
waiting for 1.411 to break decisively to add more long positions today

final target is 1.44+
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-12-01_08-44-03.png Size: 42 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #812
  • Dec 6, 2022 11:46am Dec 6, 2022 11:46am
Quoting ForexGoose
{quote} waiting for 1.411 to break decisively to add more long positions today final target is 1.44+ {image}
still grinding higher without a pullback

i think the 1.442 area will be hard to break
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-12-06_12-44-49.png Size: 42 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #813
  • Dec 6, 2022 1:10pm Dec 6, 2022 1:10pm
I went Short on this bad boy, still no retracement.. waiting patiently, BOC is raising rates tommorow and I expect the price to finally drop once rate hike takes place. So yeah, I'm basically betting on rate hike to change price direction and on common sense, I mean this much pips without any retracement? I don't think so..
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Weekly.png Size: 20 KB
  • #814
  • Dec 7, 2022 4:29am Dec 7, 2022 4:29am
Quoting TheWolf
I went Short on this bad boy, still no retracement.. waiting patiently, BOC is raising rates tommorow and I expect the price to finally drop once rate hike takes place. So yeah, I'm basically betting on rate hike to change price direction and on common sense, I mean this much pips without any retracement? I don't think so.. {image}

Donot know which method of trading this is , perhaps fundamental analysis? but economists are better at trading the boc rate announcement. for us common folks we should just trade the charts and what its showing us.
  • #815
  • Dec 7, 2022 4:48am Dec 7, 2022 4:48am
Quoting StoppedOut
{quote} Donot know which method of trading this is , perhaps fundamental analysis? but economists are better at trading the boc rate announcement. for us common folks we should just trade the charts and what its showing us.
Agree, however, it's in the price's nature to correct itself eventually. I think that eventually has come, could be wrong though..
  • #816
  • Dec 7, 2022 7:30am Dec 7, 2022 7:30am
Iam in too.
Attached Image (click to enlarge)
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  • #817
  • Dec 7, 2022 8:37am Dec 7, 2022 8:37am
Quoting ForexGoose
{quote} still grinding higher without a pullback i think the 1.442 area will be hard to break {image}
reached close to 1.44, but I expect there to be another leg higher

the BOC decision might already be priced in, so I doubt that there will be a big pullback
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-12-07_09-36-55.png Size: 41 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #818
  • Dec 7, 2022 11:24am Dec 7, 2022 11:24am
Quoting ForexGoose
{quote} reached close to 1.44, but I expect there to be another leg higher the BOC decision might already be priced in, so I doubt that there will be a big pullback {image}
dip was bought after BOC announcement
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD_2022-12-07_12-24-06.png Size: 34 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #819
  • Dec 7, 2022 11:29am Dec 7, 2022 11:29am
Ofcourse they bought BOC announcement. There is a point that this announcement was priced in. For me it is a false breaking up and then they will go hardly down till 1.40-1.41.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.jpg Size: 302 KB
  • #820
  • Dec 9, 2022 6:22am Dec 9, 2022 6:22am
Still holding short positions due to massive divergence on higher timeframes and rised interest rates recently.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.jpg Size: 293 KB
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