Here is a trade with the NEW System on the EURCAD

As many of you already know, I’ve been doing dome tests with a new entry system.

What I like about this system is that it finds a reason (a very clear one), to go long/short when I’m bullish/bearish.

And what I like the most: the simplicity. All signals are as clear as water. Here is the EURCAD chart:

EURCAD

I only took the last signal, and we’ll see how it goes.

I’m not risking the usual 1% of my account in this trade, and trying with 0.5%.

Trade details:

Entry: 1.2720
SL: 1.2655
TP: Open

What do you think?

Cheers,

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .

  • Gary

    Hi raul u were stopped out? I actually put an order to short1.2726 but was not hit

    • Raul Lopez

      Hey Gary, yes, I got stopped out a few minutes ago :(

  • gary

    how do i share the charts here? is important as you mentioned Raul so tat we can all learn from each and get the most secure ( not gtd) trade setup :)

    • Raul Lopez

      you can just click on the “image” icon, below the text box:

      Cheers,

      • Raul Lopez

        here

  • gary

    for me it isn’t clear enough as i looked at the hourly chart even as far back as 7 hrly bars, (the approx time you post).. it seems to be in a downward channel and boucing up and down during the range

    • Raul Lopez

      Hey Gary, thanks for your feedback. That’s the beauty of this type of charts. When you look at your regular charts (eg your hourly chart) it’s kind of messy dont you think?

      On this one on the other hand, you can clearly see the overall trend, which is up…

      If you combine this with a good daily analysis, you get yourself a great system.

      Let me know if you have more questions…

  • Jan

    What is the system? I see arrows but when do they shiw up?

  • vetmayc

    huh the spread is very big – anyway I’ll followyou this time. It my first time trade this pair.

    • Raul Lopez

      Hey Vetmayc, what kind of spread you got there? broker?

      I look for trades where I see a clear market condition, even when the spread is big, I feel more comfortable than trading some other pair, with tighter spread but unclear conditions…

      What’s your take?