AUDCAD trade ideas
AUD /CADConsidering distribution and
support trend-line has now become resistance.
A good risk to reward scene is possible.
AUDCAD | resistance | Dayhaving a strong resistance at 0.95835(yellow line) + overbought condition ---> confirm a trend change
go short ...
AUDCAD BUY
ALERT SIGNAL FOR POSITIONAL
TRADE ALERT SIGNAL
DATE -19/09/2018
AUDCAD BUY
THANK YOU
*SUBJECTED TO MARKET RISK
Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena.
Personally, I like to use a system that has the highest reward to risk, which means that I tend to look for turning points at support and resistance levels because these are the points where it is easiest to identify and quantify the risk. Support is not always strong enough to stop a falling market, nor is resistance always strong enough to turn back an advance in prices. However, a system can be built around the concept of support and resistance to give a trader the edge required to be profitable.
AUD/CAD: Weekly Timeframe (Strong Sell)AUD/CAD looks like a strong sell as there is a clear indication of breakout pullback in 4 hourly timeframe and is also coinciding with the 200 Exponential Moving Average along with 61.8% fibonacci level. Hence, forming a strong confluence area where the market is clearly indicating a strong sell as and when there is a bearish candlestick confirmation at the resistance.
SHORT AUDCAD MARKET ORDERREASONS FOR SHORT POSITION
BOTH MA POINTING DOWN
TRIANGLE FORMATION
UPSIDE RESISTANCE REJECTION
TRENDLINE BROKEN
audcad long setup little bit riksyas its last day of this week and world is not interested on this pair, not really that much money flow but i am willing to take this risk
this trade is not that good like my nzdusd and eurusd.
we can see clearly watch that this level (around 0.975554) reacted before it look like if market will push again mybe it will touch the top and come down again to form a range for now i am just looking to buy it .
FOREXTAMIL AUDCAD SELL ENTRY 0.96788Signal Specification:
Pair: AUDCAD
Order: SELL
Entry : 0.96788
Take Profit : 0.96577
Stop loss : 0.96954
Risk Vs Reward: 1.27
Our Unique Features:
1. Follow our continuous 15 signals ….Your capital increased upto 10% in your equity surely.
2. We are not TP1, TP2, TP3..
3. We are not Trailing stop! or average the trades.
4. 2% Risk Management Per trade.
5. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2. This means that even if just 2 out of 4 signals hits their SL marks, the other two that would have closed profitably would allow you be in good overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
AUDCAD: RISK Sell@0.99572 SL@0.99862 T1@0.99246 T2@0.98964AUDCAD is in a trading triangle which is unable to break the higher end of triangle since past few days. opening a SHORT opportunity in AUDCAD.
SELL AUDCAD @ 0.99572 with SL@0.99862 and T1@0.99246, T2@0.98964
This is a RISK Trade and should only be taken after consulting your financial advisor.
