I got my brief signal, so I will give it a try. I see lots of long wicks. I don't understand what that means, but I could just try to have a modest amount of pips and get out unless this happens quite fast.
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I got my brief signal, so I will give it a try. I see lots of long wicks. I don't understand what that means, but I could just try to have a modest amount of pips and get out unless this happens quite fast.
I posted a trading thought to short CADCHF. Because of the correlation between that pair and EURCAD, there ought to be signals to long EURCAD too.
You will find decent signals for an upmove with EURCAD Too. That is counter-trend trading, nevertheless there should be possible to receive a sufficient number of pips from it, if the situation is expected.
Entrance: lt; 1.43
Cease loss: lt; 1.4240
Target: 1.4450
Daily:
Hourly:
15 minutes:
Taking this brief looks like a good trade for this 4 hr pub. I will be darned if this seems like the best looking short term thing out there right now, although my heart is beating with all the action.
Any convinced enough to join ?
Let me know. . Am I crazy as a loon?
Great Trading Friends
I gave it a whirl, but the market wanted no part of my trade. No harm. . no fowl. .
Taking this brief looks like a good trade for this 4 hr pub. My heart is beating with all the action, but I will be darned if that looks like the best. Any confident enough to join me? Allow me to know. . Am I crazy as a loon? image Great Trading Friends
Great Trading Friends
The ongoing momentum might easily lift the pair involving 1.4960-70 resistance, before the very important 1.5000 psychological mark.
Maintaining a tight stop at 1.4750 level, under which it might drift back to sub-1.4600 mark.
EURCAD bullish momentum must continue once it pierces through 1.5000 psychological mark.
1.4750 still stays immediate aid.
Hi, Ive been trading forex for a few decades now, and have an account with forexbrokersinc. I was hoping to find some guidance. I was closed out of my position in 23:59(last minute of trading for the week). I use MT4 and the maximum price on the final minute was 1.51160. I had a cease set in 1.51760(70 pips off ). My margin was not a problem, so my only guess is spread widening. I did see a spike down in favor of my trade but no spike up towards my stop loss on the chart. The spread closed in 30 pips40 pips away from my SL. I remove stops although transactions held over the weekend, but thought this one has been of being triggered, a distance. If anyone has any input or information please respond. I have a query with forexbrokerinc relating to this problem and will follow up with thier answer. Ive been very happy with forexbrokerinc and this is the issue Ive struck together thus far.
there is a free indicator in market by ICEFX that's a spread indicator, download it use it to a 1min chart of anything pair and be certain that the inputs are assessed and you will be able to observe any spread spikes and exactly what the spread was for the interval. You will notice you are likely spiked by the spread out.
Thanks, I tried the ICEFX but it only tells me that the spread at close which was 31pips(rather big ) but less than 70 pips where my SL was. I looked at other brokers and it seems mine was the only one with spikes during the last moment of last weeks trading. Still awaiting a reply from the back office.
Got a response in the backoffice. My stop was struck due to low liquidity in their own suppliers. They were nice enough to shut my rankings using slippage in my favor at 1.51275. Hmmmmm...I'll have to remove SL if I grip places within the weekend.
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