After the largest decline this year, USD / CAD trade is close to the month’s trendy resistance. An immediate catalyst for price movement can be the current monetary policy meeting of the Bank of Canada (BOC). Although the central bank is not expected at today’s meeting to change policy, a doved tone for further reductions in future may propel prices into a monthly downward trend near 1,3515, with a break from January upward to around 1,3565/70. In case prices run beyond 1,3570, bulls may be lured by the 1,3665 mark.
In the downside break of the 1.3430 level, 1,3410, whereas 1,3360 and 1,3340 could be used by the sellers. If you rule at all, then 1.3270 could become your favorite one.
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
FOREX TRADING / FOREX TRAINING / FOREX ACCOUNT OPENING
Mail : firstname.lastname@example.org Skype : qmanager.live