Usd/cad Waiting For A Buying Opportunity

Discussion in 'Forex - Currencies Forums' started by LudivineTrader, Nov 16, 2017.

  1. LudivineTrader

    LudivineTrader Member

    Joined:
    Nov 2017
    Posts:
    10
    Likes Received:
    0
    Monthly : The USD/CAD has bounced off long-term oblique trend. Then, we got a high momentum candlestick and we are expecting the market to reach 1.3014.

    Daily : the market has bounced off this oblique trend line, and we are still looking for buying oppportunity

    H4 : We finally broke above the downward channel, the safest trading plan is to wait that the market break above the resistance line and then pull back
     

    Attached Files:

  2. Linda Smith

    Linda Smith Senior Investor

    Joined:
    Dec 2019
    Posts:
    177
    Likes Received:
    0
    It is difficult to survive in the market for new traders. They always are in fear of losses. If they face losses, they quit the market. As a new trader, he should know that loss is the common factor of forex trading. If a new trader can get proper education about forex, he will never leave the market. Because he knows that if he tries well he can easily recover from that losses. A broker can help a new trader to recover and reduce the losses. I am always trading with TP Global FX because of their support and easy trading technic which can help me to reduce my losses and make a profit.
     

Share This Page