CXY Today: GDP m/m (Canada)
What: Monthly Gross Domestic Product, measures Canada’s economic growth.
Impact: Higher = Strong CAD (USD/CAD down). Lower = Weak CAD (USD/CAD up).
Markets: USD/CAD, CAD crosses (CAD/JPY, EUR/CAD), Oil (indirectly).
PHLX Canadian Dollar forum
CXY Today: GDP m/m (Canada)
What: Monthly Gross Domestic Product, measures Canada’s economic growth.
Impact: Higher = Strong CAD (USD/CAD down). Lower = Weak CAD (USD/CAD up).
Markets: USD/CAD, CAD crosses (CAD/JPY, EUR/CAD), Oil (indirectly).
CXY 67 toward 72CXY The buying volume at level 0.88 was weak, while strong buyers are positioned at level 1.138, indicating a shark pattern.
CXY Possible Bullish Shark Pattern After Jobs News
CXY bullish crab pattern
Calculating position volume every time you enter an order is very important in risk management. The Long Position and Short Position tools in TradingView are useful but not good enough. It now allows users to calculate Risk Level based on pips, not on capital percentage.
For example, with a capital of 100000 dollars, I want to know with 1% risk for a Long order, how much volume can I enter an order with? Currently I can't do it in Tradingview.
For example, with a capital of 100000 dollars, I want to know with 1% risk for a Long order, how much volume can I enter an order with? Currently I can't do it in Tradingview.
