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CAD (Canadian Dollar)

CADCHF likely to touch the 0.7400 supportThe pair has been moving in a falling channel pattern for half a month. The prices have completed the re - test of the upper ceiling at 0.74703 and has started to move towards the south, creating an opportunity to short the pair. The expected target for it to reach is, initially at the centre of the channel at 0.73998 (centre line shown by the dotted line). If the prices sustain below this level as well, we might be headed for the next support of 0.73500. The stop loss for the trade will be at 0.7500.
Short
by forexnoobmaster007
SELL CADCHF FOR WEEKLEY INCOME TRADER.- ALERT SIGNAL FOR POSITIONAL TRADE ALERT SIGNAL DATE -14/10/2018 SELL ENTRY 1 - .76501 SELL ENTRY 2 - .76841 STOPLOSS- .77190 TARGET 1 - .76181 TARGET 2 - .75849 Hit like, comment and follow for more profitable Trades. Happy trading. THANK YOU HOW WEEKLEY WIT SIGNAL IS VALID FOR DAILY INCOME TRADER(DIT) 1,IT IS VALID UPTO 24 HOURS,ONCE IT HITS THE ENTRY 2,ONCE PAIR CROSSED 10 PIPS,MOVE YOUR TRAILING STOPLOSS TO 2 BREAKEVEN OR ENTRY 3, WAIT FOR TARGET OR EXIT AT YOUR OWN COMFORT MONEY MANAGEMENT RULES Let’s say, If you have 1000 USD trading balance, you can use Maximum 0.10 lot (0.02+0.03+0.05 = 0.10 lot is the addition of all your open trade lot sizes). 0.10 lot should be your maximum open lot on your 1000$ trading account. 10,000 USD balance = 1 lot maximum (Example : 0.25 lot x 4 orders = 1 lot) 50,000 USD balance = 5 lot maximum (Example : 1 lot x 5 orders = 5 lot) If you are more emotional(tension, sad, greedy) while trading, You can change your leverage below 1:50 to control your emotions. *SUBJECTED TO MARKET RISK Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena. Personally, I like to use a system that has the highest reward to risk, which means that I tend to look for turning points at support and resistance levels because these are the points where it is easiest to identify and quantify the risk. Support is not always strong enough to stop a falling market, nor is resistance always strong enough to turn back an advance in prices. However, a system can be built around the concept of support and resistance to give a trader the edge required to be profitable. THANK YOU TEAM FXSIGNAL]
Short
by E_R_S