I try to post and update my trade ideas every week. Follow me, if you like my trade ideas. I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable to place orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio.
May we all gain some Pips. Happy trading...
Feel free to contact me for any forex related issue ( forex fundamental news analysis, forex technical indicators analysis, forex signal service, forex account Management, etc).
IMPORTANT INFO:
I USE BOTH FUNDAMENTAL AND TECHNICAL ANALYSIS. SO, I USED MY OWN RISK MANAGEMENT STRATEGY. THE STRATEGY IS SIMPLE. OPEN TRADE AT 0.01 STANDARD LOT PER 500 USD INVESTMENT AMOUNT. EXAMPLE: lot size 0.01 when you have 500usd, lot size 0.02 when you have 1000usd, lot size 0.10 when you have 5000usd, lot size 0.20 when you have 10000usd
KEEP THE LOT SIZE CONSTANT FOR EVERY TRADE TAKEN WITHIN A MONTH. AT THE END OF THE MONTH WE WILL CALCULATE PROFIT IN PIPS AND DOLLAR AMOUNT. WE WILL DECIDE OUR LOT SIZE AT THE BEGINING OF EVERY NEW MONTH. I WILL POST MY COLLECTED PIPS IN A GOOGLE SHEET EVERY WEEK. LINK IS GIVEN IN MY PROFILE DESCRIPTION.
Email: mr908fardun@gmail.com Telegram and what's app: +8801610226090
"In determining the future path for the Bank's policy interest rate, Governing Council will be watching closely to see if the recent slowdown in growth is more persistent than forecast. In assessing incoming data, the Bank will be paying particular attention to developments in consumer spending, the housing market, and business investment."
transparent-fx
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here is my MTA on usdcad, I have it on watchlist as well
UnknownUnicorn3197983
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@transparent-fx, well iwas waiting for the statement from BOC. Since the statement is dovish, the chance of cad getting stronger is really less