Follow_the_8

Follow_the_8

If USDCAD is on a uptrend then it should not go below 1.3402 (previous 8hour low). Price will likely pullback during the Asian session till London open. You can go long at around 1.3420 with a 20pip stop loss. Weekly , daily, 8 hour stochastic is going up and daily candlestick ended green so most likely price will continue to go up. Remember to close all...

Follow_the_8 Updated 

Don''t make trading too complicated. Price will either go up or down. As a day trader you only need to know where price will go tomorrow not the next day or next week. Just by guessing, your win rate is 50/50. With an edge, your win rate will be higher. Most important thing is risk control. My edge: Previous day is green and stochastic is up so the next day will...