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Technical12
Aug 6, 2016 5:06 PM

USD/CAD | 06 ‎August ‎2016 | Introduction | Short

U.S. Dollar/Canadian DollarFXCM

Description

Nice and simple first trade setup that i'll be posting on tradingview hope to continue and grow a healthy following, for each chart i'll be breaking down the steps and processes in which i took to conclude which ever idea i'm showing in bullet points allows the reader to understand it alot easier - Simple strategy breakdown and history i'm a Price Action Trader meaning i depend alot of candlestick formation to formulate a understanding on what price is about to do next while trading Support and resistance zones main trade signals are what the community like to call it is doji's or indecision forming on a area of Support or Resistance when these requirements are met i'll be taking the trade

Q&A PM or Comment below
Comments
GrantShuttleworth
Nice price action chart, I like your style. Your chart layout looks the same as that forexfornoobs guy.
enpolog
Trillionschifer
Hmmmmm... good Price action play. Like the setup. It just makes the 1 to 2 rato's... But did you check out RAZ1's play? He sees a rising wedge forming on the daily. But like you, believes its a good short. So you both picked the same direction, but he seems to think there is a 787 pip movement in there.
Technical12
Thanks bud i'll definitely take that into consideration for my strategy i dont really extend targets to far because there will be harder to hit
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