For forex traders:

Discussion in 'Trading' started by Forexer Guru, Aug 7, 2024.

  1. USDCAD. Is my analysis ok?

    upload_2024-8-7_11-7-35.png
     
    PPC likes this.
  2. maxinger

    maxinger

    upload_2024-8-7_16-36-19.jpeg
    [​IMG]
    Huh? We should be asking the forex guru, and not the other way round

    Anyway, NOT OK;
    You are late / slow.

    The boat left 2 days ago.
    What happened to you over the past 2 days?
     
    Last edited: Aug 7, 2024
  3. PPC

    PPC

    Yes, USDCAD looks very weak.

    upload_2024-8-7_16-44-42.png
     
  4. I think i agree with you @PPC.
    @maxinger my holding time is 8 hours lets see the outcome
     
  5. as a forex guru, i do not recommend buying nzdusd in the short term
    it doesnt look good

    upload_2024-8-7_11-58-22.png
     
    Last edited: Aug 7, 2024
  6. maxinger

    maxinger

    Over the next 8 hrs, it will most likely move just a little.
     
  7. @PPC it looks like we were right

    remember this news release can reverse all the gain (in the next hours)
    mine is more of scalping than long-term trading @maxinger

    upload_2024-8-7_14-1-14.png

    upload_2024-8-7_13-59-3.png
     
  8. For NZDUSD, you can see i had some idea. But that idea wont work here

    upload_2024-8-7_14-5-53.png
     
  9. shine

    shine

    So far everything is going according to plan).
     
  10. Nice but metatrader is not programmed to quote assets below 0
     
    #10     Aug 7, 2024