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U.S. Dollar / Canadian Dollar

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USDCAD trade ideas

entry based on break on the level of h4 and used some new techsorry for late signal but it will hit it you can ask any question about it HOW TO USE MULTIPLE TIME FRAME ANALYSIS?? Iam trading for more than 10 years and i used every trading tools and strategies , example; order flow, sentiment, renko system ,point and figure and other very strong strategies but i understood this forex market is fractal(meaning what u see yesterday that repeats again and again in any time frame, so i found that multiple timeframe analysis is best, in past traders use only moving average and 1- days or 10 days closes breaks they generate bout 80% a year that time, but now brain have improved and people found so many techniques with that tools now we can generate any% of money, yes iam serious, now traders making more than banks, at the same time people losing more than bank,, but its natural because when you sell there should be a enough buyer that's vice versa for buying too, so i know so many strategies and in internet there are some 1st grade strategy, what is 1st grade grades of strategy: ( grades are not based on risk to reward because quality is important more than quantity ) 1st grades: minimum more than 90% accurate, minimum 1 risk to reward 2nd grade: more than 75% minimum 1 risk to reward 3rd grade; minimum 60% accurate minimum 1 risk to reward 4th grade: minimum 55% accurate minimum 1.05 risk to reward i use 1st grade strategy i developed step by step even if i teach you you cannot trade like me because its the personality that matches not the knowledge, you can have 1st grade accurate even if you use only support and resistance but if it not matches your personality(meaning: patience limit, psychology, emotional intelligence, you may ask that if we had that type of accuracy you can become a billionaire yes you can but accuracy is not the judge weather you can earn a billion in trading its, the plan that desides you can make billion or million, you can have 98% accuracy but you cannot make billion or million with 0.01 yes but even you throw 1000 lots you cannot because you got 2% against your winning so you can see the billionaire traders as proof in the real world that accuracy is not matters but risking plan matters what determines risk? your risk is determined by the grade you have in the market here are the risk you can keep for the grade. 1st grade=10% maximum 2nd grade= 7% maximum 3rd grade= maximum 3% 4th grade= maximum 1.5% I can give you information for free that may increase your win rate; that is what iam going to tell you today the secret of trading multi time frame is not choosing 2 time frame that you like, but instead choosing what is the pair time frame THAT WORKS!!,you can use. HERE ARE THE PAIR TIME FRAME THAT GIVES MORE WIN RATE: SCALPING; 15 MINS- 1 MINS DAY TRADING; 4H-1H-15MINS SWING TRADING; W-D-4H POSITIONAL TRADING; M-W-D (FUNDAMENTAL ANALYSIS NEEDTED ) IN NEXT POST I WILL TEACH ABOUT MIDDLE TF LEVEL OR BIG SCREEN LEVEL THAT WORKS IN THE SMALLER TIMEFRAME , THANKS FOR THE TRADINGVIEW TEAM THAT SREADING THIS INFORMATION!!
Long
by liesg
WHAT IS PAIRED TIMEFRAME AND THE SECRET BEHIND ACCURACY AND RR! sorry for late signal but it will hit it you can ask any question about it HOW TO USE MULTIPLE TIME FRAME ANALYSIS?? Iam trading for more than 10 years and i used every trading tools and strategies , example; order flow, sentiment, renko system ,point and figure and other very strong strategies but i understood this forex market is fractal(meaning what u see yesterday that repeats again and again in any time frame, so i found that multiple timeframe analysis is best, in past traders use only moving average and 1- days or 10 days closes breaks they generate bout 80% a year that time, but now brain have improved and people found so many techniques with that tools now we can generate any% of money, yes iam serious, now traders making more than banks, at the same time people losing more than bank,, but its natural because when you sell there should be a enough buyer that's vice versa for buying too, so i know so many strategies and in internet there are some 1st grade strategy, what is 1st grade grades of strategy: ( grades are not based on risk to reward because quality is important more than quantity ) 1st grades: minimum more than 90% accurate, minimum 1 risk to reward 2nd grade: more than 75% minimum 1 risk to reward 3rd grade; minimum 60% accurate minimum 1 risk to reward 4th grade: minimum 55% accurate minimum 1.05 risk to reward i use 1st grade strategy i developed step by step even if i teach you you cannot trade like me because its the personality that matches not the knowledge, you can have 1st grade accurate even if you use only support and resistance but if it not matches your personality(meaning: patience limit, psychology, emotional intelligence, you may ask that if we had that type of accuracy you can become a billionaire yes you can but accuracy is not the judge weather you can earn a billion in trading its, the plan that desides you can make billion or million, you can have 98% accuracy but you cannot make billion or million with 0.01 yes but even you throw 1000 lots you cannot because you got 2% against your winning so you can see the billionaire traders as proof in the real world that accuracy is not matters but risking plan matters what determines risk? your risk is determined by the grade you have in the market here are the risk you can keep for the grade. 1st grade=10% maximum 2nd grade= 7% maximum 3rd grade= maximum 3% 4th grade= maximum 1.5% I can give you information for free that may increase your win rate; that is what iam going to tell you today the secret of trading multi time frame is not choosing 2 time frame that you like, but instead choosing what is the pair time frame THAT WORKS!!,you can use. HERE ARE THE PAIR TIME FRAME THAT GIVES MORE WIN RATE: SCALPING; 15 MINS- 1 MINS DAY TRADING; 4H-1H-15MINS SWING TRADING; W-D-4H POSITIONAL TRADING; M-W-D (FUNDAMENTAL ANALYSIS NEEDTED ) IN NEXT POST I WILL TEACH ABOUT MIDDLE TF LEVEL OR BIG SCREEN LEVEL THAT WORKS IN THE SMALLER TIMEFRAME , THANKS FOR THE TRADINGVIEW TEAM THAT SREADING THIS INFORMATION!!
by liesg
USDCAD ANALYSIS ON H4 CHART.Overall, USD/CAD is trending downwards. The Canadian retail sales data will be released later at 2130 (GMT+8). Core Retail Sales m/m (Forecast: 1.1%, Previous: 1.3%) Retail Sales m/m (Forecast: 1.2%, Previous: 1.6%) Currently, USD/CAD is testing to break above the key level of 1.25. Its next support zone is at 1.24500 and its next resistance zone is at 1.26100. Look for short-term buying opportunities of USD/CAD if it breaks above the key level of 1.25.
Long
by charliedavies770
USDCAD sellers attack 1.2450 key support ahead of Canadian CPIAlthough USDCAD buyers keep lurking around an upward sloping trend line from June, failures to stay decisively above the 200-DMA keep sellers hopeful of breaking the 1.2450 support. Adding to the bearish bias are the downbeat MACD and RSI conditions. That said, 61.8% Fibonacci retracement (Fibo.) of June-December 2021 advances, near 1.2370, is likely next support to watch on a clear break of 1.2450. It’s most likely that the RSI will turn oversold at the crucial Fibo. level and trigger a corrective pullback, if not then October’s low of 1.2287 will be on bear’s radar. Alternatively, a disappointment by the monthly Canadian CPI could trigger a much-awaited rebound of the Loonie pair, which will need validation from Friday’s peak of 1.2570. Following that, a convergence of the 100-DMA and a monthly resistance line, around 1.2620, will be crucial for the USDCAD bulls to watch. Should the pair buyers manage to cross the 1.2620 hurdle, the odds of witnessing a run-up towards the monthly high of 1.2813 can’t be ruled.
Short
by MTradingGlobal
USDCAD | The safest point to buy 🔥Hello traders , USDCAD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In the count that was done, the main waves 1, 2 and 3 have formed a leading downward trend and now the 4 main waves are forming. Wave 4 is formed in a zigzag pattern and from this zigzag the sub-waves a and b are completed and the c-wave is incomplete. From wave c, the microwaves 1, 2 and 3 are completely composed and there can be no definite opinion about wave 4 and 5, but from our point of view, wave 4 is at the end of its trend and then wave 5 climbs to around 1.30. In general, if Fibonacci 0.618 is broken for microwave 4 of wave c or channel channel is broken, there will be no hope for the formation of this ascent. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
USDCAD Analysis on H4 Chart.Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.27. The Canadian employment data released last Friday indicated a slowdown in jobs creation during last December while unemployment rate inched lower. Employment Change (Actual: 54.7K, Forecast: 24.5K, Previous: 153.7K) Unemployment Rate (Actual: 5.9%, Forecast: 6.0%, Previous: 6.0%) Also, the Canadian Ivey PMI data (Actual: 45.0, Forecast: 64.3, Previous: 61.2) released indicated that business activities in Canada contracted in December. Currently, USD/CAD is trading towards the support zone of 1.26100 and its next resistance zone is at 1.29200. Look for short-term buying opportunities of USD/CAD if it rejects the support zone of 1.26250.
Long
by charliedavies770