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Trading2ez
May 5, 2021 6:07 PM

USD/CAD SELL SIGNAL Short

U.S. Dollar/Canadian DollarFXCM

Description

Hey tradomaniacs,

welcome to another trading-setup!


USD/CAD: Daytrade-Execution

Notice: Aggressive management as we trade with tight Stop-Loss.

  • Market-Sell-Order: 1.22745
    Stop-Loss: 1,22880

    Point of Risk-Reduction: 1,22570
    Take-Profit: 1,22310

    Stop-Loss: 15
    Risk: 0,5% -1%

    Risk-Reward: 3.0




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Peace and good trades
Irasor

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Comment

USD/CAD: Early exit -7 pips (-0,5%)

Sudden pressure on equities with too much volatility.
Comments
fmedumobi
Thank for sharing.
jojofang0901
interesting :) thx for sharing your view
Nolo_tshenolo
Why a sell?
aleksandermedved
@Nolo_tshenolo I am asking the same, becouse it is on the botom
Nolo_tshenolo
So it’s going to sell?
aleksandermedved
@Nolo_tshenolo I hope buy
Trading2ez
@Nolo_tshenolo, Hi, because of the circumstances in the market. ADP were bad and market might doubt in early rate-hikes in the US (just in short after Yellens statement and clarification), OIL is strong due to inflation aswell as re-openings globally (more demand expected), and the mood at the stockmarket is overall bullish. All this is is bad for USD/CAD. :-)

But the market is so tricky currently as correlations could change due to improving economy that I decided to early exit.
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