a.b
Long

Bull setup EURCAD

FX:EURCAD   Euro / Canadian Dollar
Bull setup on EURCAD . Watch for confirmation.
Comment:
Comment:
Comment:
Trade closed: target reached: 140 pips
Comment: This trade is the perfect example of what a couple good indicators, a tested strategy and a bit of patience can make. 140 pips in this trade and 500+ on this pair over the last few weeks.
πŸ”»πŸ”»πŸ”» More on the indicators πŸ”»πŸ”»πŸ”»
πŸ‘‰ https://minimalisttrading.com πŸ‘ˆ
πŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”ΊπŸ”Ί


βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–βž–β €

Comments

trend lines are a critical my methods of analysis. It appears you use many trading clues. I only have what i was mrntored to dountil that stinky sompany went into liquidation. once bitten and ready to give up. And, yes, they took my money of course.
Reply
a.b Glendoonie
@Glendoonie, trading is not about having clues. It is just about keeping it simple, like everything else in life.
Reply
@a.b, Six days ago you saw a potential sell. but the price has not changed much since then. On my chart ithe price could up or down. It's sitting in te middle of a channel heading upwards very slowly. It looks 50:50 to me. I follow Roker1 who explains his reasoning very well. He likes siMple too :-)
Reply
a.b Glendoonie
@Glendoonie, I called a buy, not a sell. I don't know your analysis but both my indicators showed a clear direction with high probability and the price did exactly that.
Reply
Do you always work on the 60 time frame. Even on that time frame I cold not duplicate the last trendlie of your chart becuse it cuts the price at 23 March. I would write that off as invalid. t
Reply
a.b Glendoonie
@Glendoonie, I do not understand why that trend line would be invalid. Maybe it's your strategy but for mine it is totally valid
Reply
@a.b, I have just re-read my post to you. It sounded like crap; please accept my apologies and note I know zero pretty much about FOREX, that is why I am on here. Anyway, I invalidate my trend lines when the broken by the price line. That happens in the past and will happen in the future. When a trend line is broken (invalidated) its time to rethink and draw a new trend line.
I like it simple too - getting clues or gathering evidence same thing.
Reply
a.b Glendoonie
@Glendoonie, sounds like you have some confusion regarding the meaning of "broken" and "invalidated". Be sure to understand that before trading with real money.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out