USDCAD is converging to an old fresh supply level

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is converging to a fresh supply level after years. I take in consideration the possibility to sell in that level, in the convercenge, if it will be possible.

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One important thing to take in consideration is that the trend is bullish for the long term and the USDCAD chart is overextended, then that supply level can be a good opportunity for sell trades.

I don't have a particular trading plan for the moment other than to take advantage from the selling in the supply. The price action will suggest what could be a good trading plan.

This is the monthly chart and it seems to have too many levels. But anyway, Supply and Demand Levels that you see are drawn on weekly chart.
Girolamo Aloe -
Supply Demand Wyckoff Trading Mentor.
Founder of Profiting Me -
hello-dont be foggy speak laud and clear men.... if you told about sell so show us
1.3466sell stop 66pp tp 1.3012 i mean less bla bla -more strong \clear numbers or levels, otherwise you look like 95% other bla bla profy
Hi ... look better the chart. Inside the chart that are also potential entry points and they are marked. I don't sell trading signals and Supply and demand levels are clear and visible. Thank you .
almoni33 girolamoaloe
Please add a comment... Positive feedback and constructive criticism are important to authors and the .
hi- i see you loonie chart so its not mona lisa picture..every profy must to public trade view but not just draw chart-here now kids.... i dont need your trade signal-its not a point... its old trick bla-bla mens -to say I DONT SELL A SIGNAL -AND IT GRANTS me THE RIGHT TO WRITE FOGGY...ha-ha... with my example above i show to all what is it -to be serios normal trader-to speak by levels with numbers.... not common foggy phrases
Potential entry points for my trades are in the chart, in any charts I publish. Thank you for your feedback and have good evening.
girolamoaloe girolamoaloe
For more clarification: Horizontal blue lines are potential entries buy or sell. if there is a purple line it means that I have set an order, if the line is magenta it means that the order has been executed and the trade is in running and generally in the chart I show also my trading plan for that trade. Just this. Other things are not in my interest for trading.
almoni33 girolamoaloe
oh-now its better-understood
almoni33 girolamoaloe
your talking strategy is well known.....for example someone ask you about oil price but you answer him
- a bus is yellow.......I don't like people who are afraid -
at first are afraid to show level... and then are afraid to receive stop loss...
it is seen their purpose to write long but not to trade...haha
after all having received 5 times stop loss. all will see that it is the writer but not the trader... do you agree?
thats why so many analitics avoid clear numbers---cause they prefferd to earn from publishing but no from trade.... are you one of them?
Hi. I have published some trading ideas here and in the charts there is everything relevant for my trading. I have everything I need on my charts. I use Trading View as my main charts and I set on them all I need to buy and sell and also where I want to take my profits. my SL are fixed and they follow a specific risk management plan per leverage starting with 1% of Risk per Trade with 1X Leverage and growing with the increasing of the leverage.

What is really important is that the charts can be relevant for my trading and my focus is to look for opportunities that can give me over 100 pips of profit per trade. I show what I DO for my trading, NO what others wants see or listen to.

My last trade was a buy trade on GBPAUD and there is a chart idea published here on tradingview with a full trading plan inside. I close it with 364 pips of profit. Now I have a GBPAUD sell trade in running since last week from 2.1988 and the entry is marked in a trading idea published and IF IT WILL POSSIBLE, according with the trading plan, the potential target is around 2.12.

I published charts for GBPJPY with inside my orders, one of them has been executed this morning.

I trade supply and demand unbalancing and I think that I have given all the possible explanations. The charts are tremendously clear. Easier than this, I don't know what to do. For people who doesn't like my charts, there are many other charts. Anyone has the the possibility to follow what they want.

I don't think to add other comments to this discussions.

Thank you for your feedback, it was really appreciated... and have a good evening.

Kind regards.

Girolamo Aloe.
almoni33 girolamoaloe
Please add a comment... Positive feedback and constructive criticism are important to authors and the community.

I show what I DO for my trading, NO what others wants see or listen to. \c\ hahah
nobody argues with banalities - an axiom. trade as you want write that you want. its you money

but you simply don't understand about what dispute. conversation on that that is inadmissible to publish article without charts or clear levels ofprofit\loss its a layman's sign... though formally you can write about puppies or seeds of tulips... no problems
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