Novak92

USD/CAD 18.-22 FEB Next Week Analysis

Education
FX:USDCAD   U.S. Dollar / Canadian Dollar
We have 2 ways 2 go.. either up or down :D
We have an uptrend consolidation that is already 4 a buy position,and then we have a completion of a D Leg of a BAT Pattern.
I hope this was educational.

System : low risk,high profits ( dont be afraid let the trade go as far as u can get -move your stoploss )
: play with S&R 2 make a perfect entry ( always trade with SL )
: patience that's the difficult part ( Program your own mind set 4 your system of trading )
: fear is inevitable ( emotion ) it could smash your account . If u trade without emotions u are half way 2 go then :D
: money management is the easiest 1 ( never and only NEVER!!! lose more then 5% per trade prox. 3% imo.
: never trade when big news is coming ( yust noise,high volatility f.u.c.k that )

And for the end :

this is a game where people trade on their knowledge of their technical & fundamental analysis -----
follow the masses and institution.
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