USDCAD

  • The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada.

    USDCAD LOSS

    So many mistakes made in this play. I missed an opportunity on the GBPUSD short, so I quickly entered USDCAD,…

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  • A SELL trailing stop limit moves with the market price, and continually recalculates the stop trigger price at a fixed amount below the market price, based on the user-defined

    USDCAD PROFIT

    The resistance on the 1 day chart was not clear. For this reason my stop was very tight. The trade…

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    USDCAD PROFIT

    One of the smoothest trades made. I was very cautious about US data, so I set my Stop wider than…

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    USDCAD PROFIT

    I got back into this because I could see a clearer pattern forming. Trade closed as I moved my stop…

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  • Trading USD/CAD

    USDCAD LOSS

    My losses have been compounding recently. All the charts line up and I can see a solid support level. I…

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    USDCAD LOSS

    I feel better about this trade. I followed my strategy. My stop was much tighter this time. The risk/reward ratio…

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  • The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world.

    USDCAD LOSS

    The Charts line up, but my trade entry was poor. The stop was really wide, and I missed the initial…

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  • The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

    USDCAD LOSS

    Trade did not work. Mistakes I made: No clear resistance on cloud I relied on RSI for resistance and…

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    USDCAD LOSS

    The trade setup was good. My timing could have been better on the 1 min chart. The trade would not…

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  • Traders came up with a number of different ways to invest or speculate in currencies.

    USDCAD BREAKEVEN

    The overall momentum on the 4 hour chart was down, but I believe in trades need to come back into…

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