USDCAD 1 week, 2%risk >100%Return on Capital
Mis à jour
Guys see my post below where I explained my trade plan for USDCAD a week ago:
First of all, I never have more than 2% cumulative risk for my whole trading portfolio. For every new position I take my previous position should be at least at break even.
15min tf shows the trades.
Those who trade with me saw me enter the first aggressive buy at 15 min which I wasn't able to share on Tradingview. Although this was aggressive I followed my rules. The Posts here on Tradingview gave the second and more conservative trade set-up, if you traded only that set-up with 2% risk you are up 20%.
I'm not done with USDCAD yet, there is no reversal sign yet and we might even see another consolidation that gives us the opportunity to buy again keeping in mind the high probable targets I mentioned in my previous post.
If you like what you see follow me. My goal is to show you how to look at the market, Technical's, Fundamentals and market dynamic. You don't need to trade many pairs or many set-ups, you don't need a lot of capital. You need to know what to look for, when and where. I personally target 10% ROC a week and you can do the math even when you start with $100. Focus, hard work, discipline and patience is all you need.
Have a great trading week and I'll be posting more high probability set-ups.
timstuyts.com
facebook.com/wwwtimstuytscom/
youtube.com/watch?v=HvmWTm4fcl8
First of all, I never have more than 2% cumulative risk for my whole trading portfolio. For every new position I take my previous position should be at least at break even.
15min tf shows the trades.
Those who trade with me saw me enter the first aggressive buy at 15 min which I wasn't able to share on Tradingview. Although this was aggressive I followed my rules. The Posts here on Tradingview gave the second and more conservative trade set-up, if you traded only that set-up with 2% risk you are up 20%.
I'm not done with USDCAD yet, there is no reversal sign yet and we might even see another consolidation that gives us the opportunity to buy again keeping in mind the high probable targets I mentioned in my previous post.
If you like what you see follow me. My goal is to show you how to look at the market, Technical's, Fundamentals and market dynamic. You don't need to trade many pairs or many set-ups, you don't need a lot of capital. You need to know what to look for, when and where. I personally target 10% ROC a week and you can do the math even when you start with $100. Focus, hard work, discipline and patience is all you need.
Have a great trading week and I'll be posting more high probability set-ups.
timstuyts.com
facebook.com/wwwtimstuytscom/
youtube.com/watch?v=HvmWTm4fcl8
Note
To see my first entry and how to enter, add to me on Facebook since I can't post it here.facebook.com/wwwtimstuytscom/
Note
We might see another buy opportunity soon for USDCAD. However for now I think that a more significant retrace is more likely. This will indicate a bearish break out of the bullish channel. Selling a consolidation below the channel seems a good idea in that case.Note
The bearish break wasn't confirmed so there was no short trade (at least not for me). Nevertheless this bullish response also tells us something else. IF we see that high taken out we are dealing with an extension. A strong move but an extension so don't be surprised to see a strong bearish response to the 1.34 price zone which is also my long term target for months. Let's see what will be next but I will actively follow this pair and manage my long positions from last week.Note
15 min consolidation might present a sell trade first.
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