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SHORT EURCAD:Reached The Top Of The Range

Technically: Looking at Support And Resistance Analysis, we could see that EUR/CAD is at a Strong Resistance level of 1.47190 in which we are waiting for the sellers to take down the price down to support level which is our target for profit……….

At the moment we expecting some Fundamental news coming up for CAD @ 5:30pm GMT +4: CPI m/m,Common CPI y/y,Median CPI y/y,Trimmed CPI y/y,Core CPI m/m…… A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Signal Specification

Pair:EURCAD

Entry Type:Sell

Entry: 1.47164

Tp: 1.44318

Sl: 1.48617

R/R: 1.96

Our Unique Features:

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1. Follow our 15 signals ….10% equity will increase in your account for sure.

2. We are not Trailing stop! or average the trades.

3. 2% Risk Management Per trade.

4. Risk vs Reward up to 1:7.

Note:

Trade signals would usually have a risk to reward ratio of 1:2.

It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.

This allows you to be good in 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 Wishes

Forex Tamil

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20 Nov 2019 3:27 pm Posted by admin