Tag: GBPCAD

GBPCAD Closed + 776 pips – How to find trades like this one

Golden Ratio Forex

Hello traders, how is your week so far?

I have mentioned it before, and I will keep mentioning it because I think it could be the difference between a successful trader and a trader that will keep struggling to get good results.

Trading consistently is about choosing the right instruments to trade, and trading them at the right time.

That’s how some traders define as luck. But I’ve seen a pattern here, the more I do my analysis and make sure I trade at the right time, the luckier I get.

And it makes perfect sense, if you trade a currency pair because it has clear swings, clear levels, a good profit potential, most of the time, the market will move on your favor.

That’s it!

What we’ve got to do now is just repeat: Analyze – Determine which ones to trade – Trade

That’s it traders! That’s how the job is done!

But please don’t tell me that you are trading only one or two currencies, or that you are trading something because of the spread, or because someone else is trading it…

The only reason you should trade any instrument, its because it has both: a clear market condition and a good profit potential…

Does it make sense?

Ok, now here is what happened to my GBPCAD trade

forex, GBPCAD, signal, trade

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My complete trading plan for the GBPCAD

forex analysis

Hey traders, hope you had a good start this week…

I’ve been getting a few emails from traders wanting me to update my trading plan for the GBPCAD…

I’m glad plenty of trader were able to take advantage of the GBPCAD…

This is exactly what we got to do every day, look for the best instruments to trade, and focus on them…

Right now we have more possibilities on the GBPCAD, let me show you…

forex, GBPCAD, signals, trading plan

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Adding to the GBPCAD trade and other signal in the GBPAUD

Forex Market Analysis

Hey traders, How was your weekend? hope you enjoyed it… did you do something different? Or just relaxed for a few days?

I took some time to relax, because next weekend I’m going to need some spare energy…

Anyway, how was yours?

As every monday, I like to see what are the most important fundamentals of the week… But you know, this week we don’t have a lot of fundamental releases…

Which is good and bad at the same time.

Its bad because sometimes we need this type of volatility to get the market moving faster…

But its good because it will move entirely based on the sentiment of the market.

Regardless of the fundamentals… What we need to do every single day (which is by the way the most important aspect of trading) is to focus in the currency pairs that have both:

  • The clearest market conditions
  • And the most profit potential

Focus on those two things day in day out, and you’ll be on your way to consistent results.

By the way, here is one of the currency pairs that I feel most comfortable trading with.

forex, GBPAUD, GBPCAD, signal, trade

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technical indicators

600 pips and counting (why I took this trade) plus one more signal

Today I want to talk about something very important, something that we have to deal with as profesional traders.

I think that most of us have one goal in common: get consistent results.

Getting there is one of the hardest things to do… and you know why?

Because even when you are doing everything right, the market could still move against you. That’s something that very few traders get to understand.

Lets put this into perspective.

GBPCAD, USDCAD

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2 Signals – short term and swing trades

Trade Entry

Hey traders, how is it going?

How is your trading week so far?

There is only one day to go, so we need to open a few trades here an there to take advantage of the market.

I have a few possibilities for you, let me know what you think alright?

GBPCAD Long Signal

The GBPCAD is one of the currency pairs that move the most, so when ever you get a signal in the GBPCAD, make sure to take it.

Sometimes you’ll need to use large SL orders, but the risk is well worth it, because it moves pretty fast…

The GBPCAD is trading in a very clear bullish condition, so we should be looking for long opportunities.

Here is what the GBPCAD short term charts looks like:

forex, GBPCAD, nzdusd, signal

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18% of return in just one trade?

euro

Looks like Greece finally agreed to the Euro terms… and that’s a good thing traders, I wouldn’t like to see what kind of volatility we’d get if Greece was to move out from the currency…

You know what though… I think it will happen, not right now, but in a year or two, I think they will have to let Greece out of it…

Its been years like this, and somehow they manage to get into trouble over and over again… Maybe next time the other Euro countries wouldn’t be able to deal with it, and they’ll have to let them go…

I’m just speculating here. What do you think?

Anyway, here is a good possibility for you.

forex, GBPCAD, signal, trading

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I’m taking this short signal

GBPCAD

Hey trader, hope everything is going fine so far this week with your trading (and everything else).

What currency pairs are you monitoring this week?

Seems like most traders are focusing in the JPY crosses, and I dont blame them, I’ve also taken a few trades with them… they’ve been trading smoothly, which is one of the main things that I look for when searching for trade opportunities.

But there are others that are also trading in a clear market condition… such as the GBPCAD.

forex, GBPCAD, signal

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GBPCAD update and GBPAUD Trade Opportunity (1000 pips sounds good to you?)

Forex Chart

Hey Traders, hope everything is going well so far in 2014!

I’m really interested in knowing what you think about how the markets have been moving so far in January?

Because let me tell you something, I’ve been watching all pairs, and some of them have been very difficult to trade, and with this I mean:

  • No clear support and resistance levels
  • No clear swings
  • Very volatile during news announcements

But not all of them, just the majors, the most traded currency pairs.

But that hasn’t been the case for other crosses, like the GBPCAD or the GBPAUD and others.

So here is my question: do you ever venture to trade those crosses? Even when the spread is larger than with the majors?

When I started to trade, I remember I looked for the currency pair with the tightest spread and just trade that one (it was the EURUSD of course).

forex, GBPAUD, GBPCAD, signal

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